LOM 6.67% 5.6¢ lucapa diamond company limited

wow, page-39

  1. 2,229 Posts.
    lightbulb Created with Sketch. 356
    While on the topic of overseas, I still can't see the benefit of the Frankfurt listing. We sourced all our funding locally, so that wasn't it, and the question I have now if anyone can answer it, is say one day there is a takeover, and there was a $1b offer that was accepted, do we now have to share it with the German investors.
    We have a market cap here of around $100m, so it would have been a Disallowed (only using round figures for ease before the haters tell me I'm dreaming), but if the market cap in Frankfurt is also $100m, it would seem logical that our take would now be half.
    Same goes if we one day receive a dividend.

    Can someone more experienced than I offer any thoughts?
 
watchlist Created with Sketch. Add LOM (ASX) to my watchlist
(20min delay)
Last
5.6¢
Change
-0.004(6.67%)
Mkt cap ! $16.24M
Open High Low Value Volume
6.6¢ 6.6¢ 5.5¢ $47.36K 820.3K

Buyers (Bids)

No. Vol. Price($)
3 280076 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 116300 2
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
LOM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.