LUM 0.00% 2.3¢ lumacom limited

re: lum sick, but it's only a cold I'm still waiting for someone...

  1. 653 Posts.
    re: lum sick, but it's only a cold I'm still waiting for someone to tell me what's fundamentally wrong with LUM. I hear plenty about how lousy the management is, how late the deals are in coming and a whole lot of junk about how Sala has sold his shares (he hasn't) and how the substantial holder who sold was a rat leaving the sinking ship (no evidence provided to support that notion as his motivation) but nothing pointing to what is wrong with the companies business plan or anything else about the company and it's product. If the company and its plan/product is going to fail it will be because it can't sell it's advertising space. I would've thought that one of the baggers might tell us that the advertising industry don't like the technology or can't afford it or something but no, just unsubstantiated guff.
    Yes it's taking longer that expected to get a deal signed and delivered.
    Yes the share price has plummeted.
    Yes I'm worried because you never know what's going on in the background.
    On the other hand:
    Yes the story is still a great sounding one.
    Yes progress is being made.
    Yes they have $4m in the bank
    Yes the exercise of those options was a vote of confidence.
    Yes I continue to hold.

    Tez.
 
watchlist Created with Sketch. Add LUM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.