as we thought, page-5

Hey William and Matchbox20

Yeah actually I do have some good news. Would rather email it though...what are both your emails.

Friday was really a reality check day...some saw it and bought in...some extra volume compared the past couple of days and 0.2 cents taken out. The 0.3 close was nice of someone to kick off but I can’t see LSL being 0.3 to 0.5 cents for long.

In fact...I think many will see what has occurred here and take a position.

Matchbox..whatever your take on the situation is...here is some info.

The 2 directors who had some margin loaned shares on LSL were directors of Chimera.

Chimera was not saved with a 55 million injection by ANZ and subsequently put into administration.

The margined shares of the 2 Chimera directors then fell into the hands of ANZ..so LSL is almost a subsidiary of the ANZ....we could call it that.

ANZ is not selling on market. Fortess Clearing had 484 million shares...they disposed of around 66 million on market taking hammering the share price from the normal trading range of LSL from 1.5-1.8 all the way down to 0.2 cents.

Other holders by the look of the volume over 3 days their look to have joined in the selling.

I was one of the ones on the receiving ends of those dumping and only wish I could buy more.

LSL is not primebroker, they are not Chimera, LSL is Luminus Systems.

Matchbox...they do have the 3.6 million in the bank as of July the 11th which is when I had a report on them done.

The fall from 1.5-1.8 as a normal trading range to 0.2 cents last week was a great case of fear feeding fear. While it did seem to some that LSL was tied up in the Chimera situation....only 2 directors are the same....they have a few problems.

They lost their LSL shares to ANZ now..but I hear they are suing to get them back...I wish them luck anyway.

Business continues for LSL. In recent years LSL has even been paying a healthy dividend of over 1 cent.

Many will see that LSL got stupidly sold down due to an incorrect assumption and a dominoes effect of Fortess clearing getting rid of 66 million shares.

My guess is LSL will be back over 1 cent in no time.

0.2 is a joke...0.5 cents is a joke...1 cent is a joke in my opinion......1.5 to 1.8 is where I believe it will soon be back unless LSL comes out with another announcement that William and I are expecting.
You will see some people selling at 0.3 as they are happy with making 50% profit on their 0.2 cent purchase. Good on them. I am holding until LSL is at least back to where it was before this min-information on LSL begun...it was like “guilty by association”. But it has present the market or those savvy enough to realise we are looking at something that could potentially go quickly up 5 times its price just to get back where it was before the confusion began.


Anyway...put down your email if you want some more info.