LOM 2.33% 4.2¢ lucapa diamond company limited

Ann: 41 Diamonds Recovered From Lulo Kimberlite L164 Bulk Sample, page-38

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  1. 1,030 Posts.
    lightbulb Created with Sketch. 183
    It's a bit stoopid to think that with a billion plus shares on issue and the money going to the African partners and not local shareholders that the share price will somehow magically re-rate itself.

    To save some time, what you say next is "You just don't understand diamonds/this company" .

    I then point out I'm not the one setting the share price, it's the market that does it so the market has rated this company's shares as not worth very much as there is no return (be it the likelihood of a share price increase or payment of profits).

    Reality is a bitch sometimes.





 
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