LUM 0.00% 2.3¢ lumacom limited

i accept all of that but you yourself have made a few postings...

  1. 1,347 Posts.
    i accept all of that but you yourself have made a few postings over the past couple of months predicting that lum is close to cash neutral and that the contracts won already should tip it close to profitability.

    i should think that given the $500k payment for vertigo in the march quarter, offset by the ATO payments, Coke sign payments, HK airport etc that we are likely to still see a modest loss in this current quarter. Then i would think that the Shanghai schools contract revenue should be flowing in by the June quarter which should see LUM very close to profitability.

    Let the chips fall where they may, the crux of my postings has been that i hated this stock & didnt ever believe i would reconsider investing in it. I like what I am seeing and think its a good bet that given the Beijing Olympics are fast approaching, Vertigo is well placed to get at least a piece of the pie.

    And even if LUM is to fail, even the most rabid dog almost always gives a bark before it dies!
 
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