LUM 0.00% 2.3¢ lumacom limited

sala says each sign worth 10c to share price

  1. 1,005 Posts.
    It's a sign of good times for WA firm
    Summarised from an article by Nick Butterly

    A finance column in which the columnist comments on Perth based Lumacom electronic billboard company, who has signed a deal with European outdoor advertising company, Mega Group to build a hi-tech signs in Barcelona. The contract is reported to be worth $1 million, and is the company’s first venture outside Australia. The company’s signs are based on psycho-physics, which is a process where the human eye is tricked into seeing a whole picture when it is really only receiving pieces of an image. The sign is better than normal neon signs, as it can be updated from a remote location using Windows computer programs, and it is cheaper and more flexible. Managing director Rodd Sala said the sign is the first of many to be built in Europe, and hinted similar deals in the US were not far away. “For every sign we install you can add 10c to the share price,” Mr Sala said.

    5c cash is already in each share 10c...aberdeen 10c...4 signs to come from new york...and the list has only just begun!!
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