trumped, page-7

  1. 34 Posts.
    the risks can only be that it goes broke OR continues to place shares at 2cps, in which case dilution will eventually become a factor.

    IMHO both these risks are negligible given the current situation with LUM, certainly much greater scope for upside than downside, worst comes to worst a company with no debt cant really go broke, they just keep issuing shares and reinvent itself in a sector where sentiment is better...

    i dont think that will happen with LUM. growing revenues and JD is the man for the job with Vertigo Asia. Media Partners International eventually got sold of to JC Decoux for around $110 million AUD and JD was the founder of MPI. Im still one of the few that think Lumapanel has a bit to offer too but there is no value attached to that product at present. Certainly history is against me on this issue but i still think there is a niche for this product.
 
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