LDX 2.63% 3.7¢ lumos diagnostics holdings limited

The re-rate journey, page-402

  1. 1,217 Posts.
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    Put things in recent historical context.

    If the next quarterly shows what we hope - increased revenue, then the SP will rise accordingly.

    It's all about getting the orders for product to sell, and the orders for IP growth.

    LDX was trashed by the market and brokers post IPO, and with good reason
    It takes time to wash that stink off.

    Here's the chart that matters IMHO

    https://hotcopper.com.au/data/attachments/6327/6327507-19b2c9ee4353f018693cd418134a49cc.jpg

    Historically, even after the terrible mauling post IPO the SP has been much higher than now. It genuinely looks like a new 'high-low' has been reached, and I'd be very surprised if we see sub 3.5c ever again.

    A good quarterly and 6c is very easily achievable.

    4c is a good buying price if the market has confidence in LDX, and that's the issue.

    This isn't a stock to look at every hour - you'll go mad @FindMyBroker - mind me asking what your holding is?
 
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