LOM 4.88% 4.3¢ lucapa diamond company limited

Ann: Diamond Production Update, page-118

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  1. 7,302 Posts.
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    Bad day on market again today, sea of red.

    Some 'experts' are predicting doom & gloom for 2016 worldwide.

    Even talk of a recession.

    Could present some good buying opportunities if you wait for (diamond) rock bottom say 15c like last August.

    I doubt it will go that low unless the whole market collapses but still expect very low 20s come Feb/March/April if no game changing news (finds). Some will argue "I'm here for the long term so does not affect me", well that outlook will see you miss an opportunity to sell/rebuy and increase your holdings. Of course in doing that you may be left at the station. Good fun the share market, not for the faint-hearted.
 
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