LDX 7.14% 3.0¢ lumos diagnostics holdings limited

Eh, the SP reflects the market's position. There's equally buy...

  1. 203 Posts.
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    Eh, the SP reflects the market's position. There's equally buy orders in sub 4c that you could hold the same argument for.

    I'm underwhelmed by management's decision not to disclose pre-orders and regional distributor signings as they happened, or at least on a more frequent basis. Materiality is subjective, and anything below the line would have been deemed non price sensitive. Feel information should have been shared to let investors judge for themselves though. The lack of progress updates will have contributed to many eagerly awaiting the webinar with pent up expectations that were not met. Of course, I appreciate their focus should be on running the business and not optimising for the SP.

    While the SP isn't stellar (and personally feel like it's a bargain), I'm hoping it lights a fire as it looms at the back of managements minds.

    Let's hope there's a surprise around the corner before large holders start calculating their opportunity cost.

    AIMHO. GLTAH.

 
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