re: did you see that dump -19.5c gone I am continually amazed that punters here can still defend LUM and its prospects. The fact is they have announced a number of deals and they all seem to be waiting on finding an advertiser. And the only one they actually had installed and running is dysfunctional due to a fire. No further word on its progress.
In the meantime a major shareholder has dumped and the shareprice keeps dropping. At what price does it become evident to some here that LUM is in serious trouble on all fronts?
Even if they do manage to get out of this hole, is it worth the risk?
Dumbfounded but willing to try and understand, anyone?
lum, page-20
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