LUM 0.00% 2.3¢ lumacom limited

options & cash position 5 million options have first expiry date...

  1. 569 Posts.
    options & cash position 5 million options have first expiry date on 31st May 2005 with exercise price at 11c. Money due from Turkey for final payment of signs - estimated around $400-$500k, plus recent capital raising of $600k, so I would think they will have around $2mill+in the bank by end of this financial year. This would be enough to last more than one year with no new signs. It would also be enough to build 4 signs the size of the large Turkey ones as well. So I'm not sure the finances are a huge issue now. Different story if Disney doesn't sign though
 
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.