LUM 0.00% 2.3¢ lumacom limited

i will just be happy if vertigo keep the new contracts rolling....

  1. 1,347 Posts.
    i will just be happy if vertigo keep the new contracts rolling. they arent huge contracts, although the chinese school signs could be worth up to $40 million but only guaranteed $770k.......for a start at least there is greater transparency than other companies with chinese contracts....

    a few more small contracts will see lum profitable, something even quality tech stocks like ddt have failed to achieve. and so many of these other tech stocks have market caps of $50+ mill even though they are still making losses. if the contracts keep rolling the sp will take care of itself but it will take a while before lum is anymore than a trading stock imho....

    the daytraders will push it though and the volotility will increase if the contracts keep rolling. we should have a lot of fun with it.
 
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