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LUMINUS SYSTEMS LIMITED. (LSL)

SHARE PRICES

(updated at weekends)

Former (or subsequent) names

 FROMTO
LUMINUS SYSTEMS LIMITED.15/10/2004
LUMINUS SYSTEMS LIMITED (2)19/03/200415/10/2004
DIGITAL NOW INC19/03/2004

Shareholder links

Our website ranking of LSL: rating 5
(5 out of 5)
COMPANY WEBSITE:

 

REGISTRY:
Computershare, Yarra Falls, 452 Johnston Street, Abbotsford VIC 3067
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail

Company details

Address: Level 4, 349 Collins Street, MELBOURNE, VIC, AUSTRALIA, 3000
Tel:  (03) 8614 8400 Fax: (03) 8614 8410

Date first listed: 09/03/2000
Company Secretary: Mr Ian Pattison
Sector: Diversified Financials
Industry Group: XFJ
Activities: Developer of digital imaging technology for the photo processing industry
OFX Transferring Money Internationally to Free

Shareholders in this company should consider crystallising a capital loss in 2020/21 by selling their worthless shares, which they can achieve online by entering transaction details here. While this usually makes good economic sense, we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

13/08/2020

most recent report on the website is for year ended 31 December 2015, more than three years ago! - and there was a lot of red ink

24/01/2018

the last news on this companies website is dated 15 June 2012 - and that was a release posted while the company was still listed - are directors keeping shareholders informed of developments? - certainly not via the company website

03/03/2013

delisted at the request of the Company

20/06/2012

we understand that the acquisition of mineral portfolio interests on the terms and conditions of the Duyfken Option Agreement, necessitated the delisting of the company so that the Duyfken option can be exercised - the company intends to issue a prospectus and seek quotation on an exchange

20/06/2012

Optiro Pty Ltd (Optiro) has prepared an Independent Geologists's report on the mineral assets of Luminus Systems Limited

22/05/2012

we understand that on or about this date the company consolidated its shares 1 for 10

30/11/2011

the securities of Luminus Systems Limited (LSLDA) will be suspended from quotation immediately, following security holder approval of the acquisition of mineral portfolio interests on the terms and conditions of the Duyfken Option Agreement, and the resultant change of activities

28/11/2011

the suspension of trading in the securities of Luminus Systems Limited (the "Company") will be lifted immediately, following a release to the market by the Company titled; "Luminus Acquires Extensive Minerals Portfolio Includes Significant Gold and Phosphate Holdings"

12/10/2010

the securities of Luminus Systems Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement by the Company

11/10/2010

we understand that on or about this date the company consolidated its shares 1 for 100

18/11/2008

securities reinstated to quotation

03/09/2008

securities suspended from quotation following failure to lodge its half report for the period ended 30 June 2008

01/09/2008

listed under the Company's reorganisation scheme to insert Luminus Systems Limited as the parent entity. Luminus Systems Limited is expected to be admitted to the official list on or about Monday 18 October, under the ASX code LSL

18/10/2004

ASX Announcements (courtesy of ASX)

 

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Loading comments....  Most recent comments
You make some very good points. Regulatory oversight, particularly at the small end of the market, is non-existent. 

A generalisation - but most of the problems occur because directors and managers are not up to it.  We would like eventually to co-relate failure with specific people so that shareholders avoided their companies.    

deListed  
25/04/2012 06:58:41

It seems this company (Luminus Sustems) is following thepath of many other companies, that is, have enough cash to pay directors andmanagers for a number of years while reinventing yourself a number of times andreducing people's shareholdings down to nothing.  Once achieved, it isthen a matter of paying these 'suits' until there is nothing left in thekitty.  Then the company can go bust but management still have the goodlife because they have prepared for it. 

 

I can hardly remember what the original name of this companywas!  Now they are going to get into resources.  This isn't neweither.  How many companies have done this already and then gonebust?  We, the investors might just as well donate our money to paying thesalaries instead of thinking we might do OK for our retirement.  So manycompany gurus are living the good life at our expense.  My originalinvestment of shares was large and now is a big number of 4.  That's right4.  FOUR shares worth 4.5cents each today.  How much did each sharecost me?  $1,500.  Someinvestment over the years, but the company is still there and the people whorun it are still being paid good money for loosing mine.

 

Where is ASIC?  Theywere not there when Pasminco (a successful Zinc company) went under becauseManagement got currency investing wrong. They, like the Phoenix, arose from the ashes, renamed, only to go underfor a second time.  Investors did not getone cent on either occasion.  Good on youASIC.  How many have there been?  How many more to come?

18/04/2012 18:32:41

18/04/2012 18:26:58

Company Updates

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    Directors' on-market share transactions (last 5)

     

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Sal CatalanoChairman28/12/2002
    Ian PattisonCFO28/12/2002
    Gary MuellerDirector, COO

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION

    Date of first appointment, title may have changed.