zarzoore,
""At 75c I, ll take money off the table to buy back at the next CR... Classic scenario in this business... AT 40C PEOPLE CAN FLY THEIR KITES..."".
Spoke with Miles Kennedy recently and was told by him that there would be no more capital raisings that he could forsee. After the sale of these diamonds I would imagine the company will have plenty of money, not to mention the possibility of options being exercised.
So if you are wanting to buy back in at the next capital raising you may be waiting for some time.
I would imagine the next bit of news will be regarding the proceeds of these diamonds that were announced on the 3rd of Feb.
Don't quite understand who is currently selling stock, but I guess it's a free world. With the volatility the markets have experienced lately many investors and shareholders have become very short sighted and are happy to take the quick profit. I have picked up a few more today. Happy to wait for further news which should be coming over the next few weeks.
- Forums
- ASX - By Stock
- LOM
- Food for thought.
Food for thought., page-19
-
- There are more pages in this discussion • 93 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LOM (ASX) to my watchlist
|
|||||
Last
3.8¢ |
Change
-0.004(9.52%) |
Mkt cap ! $11.02M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 3.8¢ | $26.23K | 658.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 67166 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 131794 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 67166 | 0.038 |
1 | 83360 | 0.036 |
1 | 280000 | 0.035 |
1 | 16000 | 0.033 |
1 | 96806 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 14825 | 1 |
0.053 | 100000 | 1 |
0.055 | 30000 | 1 |
0.062 | 120000 | 1 |
0.065 | 80000 | 2 |
Last trade - 15.47pm 06/09/2024 (20 minute delay) ? |
Featured News
LOM (ASX) Chart |