I don't get it, they have all these special diamonds, that are being sold every month at auction right?
sold ROUGH, and management are considering cutting them before auction, to increase their value, and to them this is a future plan?
Selling rough diamonds is like selling an unrenovated house.
Its like I have a mansion, but its terrible on the inside, but I ld still get say $5million for it based on land value alone, but if I spent $500,000 on renovating it, I would probably get $7million+
why wouldn't I do it?
Why sell a rough diamond for $1million, when you could spend $50,000 getting it professionally cut, and selling it for $3million+
- Forums
- ASX - By Stock
- LOM
- Kimberlite Licence
Kimberlite Licence, page-58
-
- There are more pages in this discussion • 152 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
(20min delay)
|
|||||
Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.15M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 3.5¢ | $15.69K | 447.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37332 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37332 | 0.035 |
1 | 85000 | 0.034 |
1 | 210000 | 0.033 |
1 | 10000 | 0.032 |
1 | 200000 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 20000 | 1 |
0.046 | 150000 | 1 |
0.053 | 100000 | 1 |
0.055 | 30000 | 1 |
0.062 | 120000 | 1 |
Last trade - 14.19pm 11/09/2024 (20 minute delay) ? |
Featured News
LOM (ASX) Chart |