my thinking is, for some reason, this Company does not trade on fundamentals; why not?
it can only be two reasons
1) the fundamentals are really not that good, and it is priced correctly
2) announcements are of no value - and fundamentals need to be 'in your face' - and I guess only on a half yearly, where the metrics I snipped above really are in Mr Market's face
Let us say Lumos builds up to making $5 mill a year in actual profit with NIL debt; then it cannot be priced with a market cap of $23 mill; or if it is priced like that, then us punters are happy as we buy more and more
So, is Lumos heading to become a profitable company... or headed for 'oops, we went bankrupt'; Mr Market has it priced at a 50/50 outcome
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my thinking is, for some reason, this Company does not trade on...
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Last
3.1¢ |
Change
-0.003(8.82%) |
Mkt cap ! $15.88M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.1¢ | $10.83K | 337.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 361967 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 8904 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 361967 | 0.030 |
4 | 208620 | 0.029 |
1 | 150000 | 0.027 |
1 | 48493 | 0.026 |
3 | 130000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 8904 | 1 |
0.033 | 184659 | 1 |
0.034 | 321904 | 1 |
0.035 | 168049 | 3 |
0.036 | 527000 | 2 |
Last trade - 12.04pm 12/06/2024 (20 minute delay) ? |
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Last
3.2¢ |
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Change
-0.003 ( 3.03 %) |
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Open | High | Low | Volume | ||
3.2¢ | 3.2¢ | 3.2¢ | 65262 | ||
Last updated 11.00am 12/06/2024 ? |
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