LOM 8.70% 4.2¢ lucapa diamond company limited

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  1. 2,221 Posts.
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    Dazza, the argument that you have been running re accumulation and other conspiracy theories really don't make a lot of sense to me. Surely it is much more in the interests of LOM to get the share price above 30c and get the options exercised in August, not to keep it down. Wouldn't you think it better to get 30m in funding for free than borrow 15m at relatively high interest rates?
    Miles may have sold because he needed the cash, not all the companies he is involved are as good as this one. Dont over complicate it.
    It has taken a long time to get mining since the licence was granted due to the wet season. It is all coming together and I wouldnt be surprised in the slightest if the 15m wasnt even needed the way things are headed.
    They keep finding nice diamonds with sharp edges, I suspect they know approximately where they are and if they guess right over the coming quarter you wont see LOM for dust. But that all just my guess...DG
 
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Last
4.2¢
Change
-0.004(8.70%)
Mkt cap ! $12.18M
Open High Low Value Volume
4.6¢ 4.6¢ 4.1¢ $25.93K 611.8K

Buyers (Bids)

No. Vol. Price($)
2 55091 4.2¢
 

Sellers (Offers)

Price($) Vol. No.
4.3¢ 6006 1
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Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
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