When I last looked at Lumos Diagnostic (ASX: LDX) was in April when they were at 2 cents and I said that they were one worth attention. Well, going from there to 28 cents is a phenomenal result for 8 months. Do they have further to go? Absolutely. The fundamentals of this company haven't changed and I expect them to keep going and going. The thing that they really face is the possibility of a takeover as the major pharma companies dip their toes over the edge of the patent cliff.
That can only mean a good opportunity for existing shareholders.
I will look back in April to see how they are going.
Comments
Post a Comment