LDX lumos diagnostics holdings limited

my opinion is a cap raise is going to show up with the half...

  1. 5,802 Posts.
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    my opinion is a cap raise is going to show up with the half yearly; the Company will buy itself three more months of survival;

    I kind of think there are some client/trading/services funds that will flow a bit better this Q and next; the last q was an odd low point of cash burn of 3.7 mill; they know they have to stop that; but the underlying cash burn, which has not changed for a couple years is 2.5 mill a q;

    and one old interview I heard from a board member, said, re costs, they were about as low as they can be for an ASX company; reading between the lines, a private equity take over could happen, but I think a take over would not happen when the Company is not really looking good; private equity guys are more smart

    so if they can cap raise 3 to 5 mill, they can see themselves out to the end of the year, and hopefully turn this beast around; but surely this a high risk play now, and I am an idiot (currently) for going all in over the last 18 months; alas, I made an error (maybe, maybe not); well, I surely made an error because if I waiting until NOW to invest, my average could be low 3s... that would be nice, but, alas, that is not the case...

    I hope all you fellow punters dont lose your shirts; but you may be better than me, losing my shirt AND my pants... but I have divested a little since the Q announcement, so I can keep undies
    Last edited by danhoff: 24/02/25
 
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