LUM 0.00% 2.3¢ lumacom limited

This is a very confusing statement Timing."Any announcement on...

  1. 569 Posts.
    This is a very confusing statement Timing.
    "Any announcement on Athens would be negative imho as they don't have the time and resources to apply to anything, but the current projects at the moment. All we need is for them to deliver one thing, something they've NEVER done before and then we can look beyond."
    Turkey is out of LUM's hands now - the space is sold and lawyers working out the details.
    4TS is being installed by Spectrum. CCU would be doing most of the negotiations so this is not occupying LUM's time or resources either.
    So what do you currently believe Rodd and his brothers at LUM HQ's over in Perth are doing? $750k+ year being spent on wages alone - I'm sure these guys are capable of working on a new sign now that the current signs are manufactured and nearly installed, and contract negotiations pretty much completed.
    They need new contracts and signs to grow this business, they're still losing upwards of $750k per year.
 
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