LOM 9.52% 3.8¢ lucapa diamond company limited

share price, page-83

  1. 599 Posts.
    I don't mean to dance on graves here, but for anyone who thought the price was going to magically keep rising despite the looming 21% dilution on the cards with option conversion at 30 cents a mere month away, well, it was fairly self-explanatory this got way ahead of itself.

    I expect the SP to slide back down and gravitate toward 30 cents, simply because the option conversion demands this.

    I personally think it has been another well executed capital raising via way of options and hype, IMO this is severely overpriced for what it is and will gravitate toward the impending option conversion price.
 
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