LUM 0.00% 2.3¢ lumacom limited

possible cash raising idea Wonder if LUM would be prepared to...

  1. 569 Posts.
    possible cash raising idea Wonder if LUM would be prepared to sell the sign, and maybe the sign lease and advertising contract (if/when they get one). May be an easy way of raising a few million dollars without diluting the company's shares.Sign worth about $2mil and they could possibly the advertising contract for maybe $2mill - this would easily fund 1 more Times Square sign on the South face and maybe 3-4 smaller signs.
    Just an idea - any comments from intelligent people?
 
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Currently unlisted public company.

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