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Old 13th Dec 2017, 08:04
  #20 (permalink)  
Sheikh Zabik
 
Join Date: Apr 2004
Location: Timbucktoo
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There is something mighty strange about the way that Lux just keep on throwing money in every direction........long after the original target date of 2016 set for floatation ( stated when Lux bought LEA)....
If Lux are serious about proving that their empire is capeable of making any money conventional business wisdom states that there has to be a period of consolodation after the spending stops. This gives an opportunity to prove to any would be investor that all their investment and spending plans were well founded and that the combined businesses can return a profit.
The day of reckoning just gets kicked further down the road whilst they keep spending more on expansion.
Weird
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