LDX lumos diagnostics holdings limited

This is quite the negative - the top 20 churn, in my opinion....

  1. 5,802 Posts.
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    This is quite the negative - the top 20 churn, in my opinion. Now the 2023 list, the average holding price of these guys could have been 1 cent or 50 cents or anything in between. The fact they did not reup at under 10 cents down to 3.8 cents says they dont believe in the company (management?) anymore

    The new guys on the block, 2024, are they new believers, or just players?

    I am a good case in point... my first buy was at $1.26, then I traded OUT as it fell, and left for a year or two. Then started getting back in at 9 cents when the news was so positive. If I bought at $1.26 on an investment case, THEN a couple years later that investment case came to fruition, then getting back in at 9 cents is a thinking decision. But my heart is in pain. My head says buy more. My heart says 'dont break me anymore'.

    I really think this is 100% down to management. Or maybe PR. All they need to do right now is APPLY to be health care rebateable in AU and UK Canada, everywhere. They simply say

    'based on the successful govt rebate approval in the the USA at $41.38, we have now applied for govt rebates in the following jurisdictions around the world: A B C D....'

    But I honestly do not think they have done that. For example they have not even filled out the form to the Aussie medicare rebate. I told them to do it. I wrote Health Minister Butler. But our management spend more time contriving bonus shares for themselves rather than fill out a bloody form

    Now, that all said, when they DO something they do really well. The BARDA money. The distributors. The cross walk presentation to the US in July.

    But they seem really confused what do to next. They seem confused how to do the little things that matter.
    Last edited by danhoff: 09/12/24
 
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