Q: Hello 5i,
Were you able to find out more about Lumine's quarterly report? Will the shares issued hold back growth for this company?
Also, can you please check the August 8 update on the Balanced Equity Portfolio: has the weight of Lumine been reduced to 0.74%?
Thank you for your support last week!
Were you able to find out more about Lumine's quarterly report? Will the shares issued hold back growth for this company?
Also, can you please check the August 8 update on the Balanced Equity Portfolio: has the weight of Lumine been reduced to 0.74%?
Thank you for your support last week!
5i Research Answer:
LMN's weight was an error; it is more than 4%.
Unfortunately we have no received more info. The shares issued are not likely to be repeated, so going forward earnings per share should not be impacted after this one time item.