LOM lucapa diamond company limited

m ore rare diam onds at lulo !, page-38

  1. 21,239 Posts.
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    most sub 1 cent speccies which consolidate get hammered post consolidation - recent example HAW did a one for ten and punters were puzzled why post consolidation it effectively dropped 60%. I think the sp pre consolidation was around 1c then post consolidation they were 10c - now they are 3.4c!

    consolidation for LOM at this point would be suicide. Later on, assuming it finds something substantial and moves up to say, 5c, then it might be time to think about consolidation.

 
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Currently unlisted public company.

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