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Bullboard - Stock Discussion Forum Lumine Group Inc V.LMN

Alternate Symbol(s):  LMGIF

Lumine Group Inc. is a Canada-based company. The Company is engaged in acquiring and growing vertical market software businesses in the communications and media industry. It is engaged principally in the development, installation, and customization of software and in the provision of related professional services and support for customers globally. It also provides access to capital for organic... see more

TSXV:LMN - Post Discussion

Lumine Group Inc > Pedigree play
View:
Post by 7Twiggy on Apr 13, 2024 3:09pm

Pedigree play

Have been taking  a closer look at Lumine LME and Topius  TOI after reviewing a number of analysts top picks
on BNN.  What interests me is the relationship with Constellation. Picked up a very small positon in Constellation many years ago in 
the four hundred dollar range. Look at the crazy price now. Sold a few months later.  One of many mistakes for me.  Started to add LME this 
past week and at this stage of the game plan to add more.  Will most likely start adding TOI shortly.  Had a bid in for it last week, but the spread was too
high to acquire.  The thing I don't like about the stocks are the low trading volumes, especially TOI.  Although their are no guarantees, strictly looking at
this as a long term hold mainly due to the pedigree. Anyone else have an opinion?
Comment by MrAlberta on Apr 20, 2024 10:53pm
Why not pick some up on this dip right now - it's under ~$117. The low trading volumes means it's not a day trader's stock but it's almost a $10B company. It's not a penny stock or something weird. The low volumes are due to ~49% being of TOI being owned by CSU which has no intent to trade or sell. CSU and the next two largest shareholders own almost 60% of the shares and only ...more  
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