LOM 0.00% 6.7¢ lucapa diamond company limited

BIG weeks ahead for LOM, page-61

  1. 7,302 Posts.
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    Today, shares in Lucapa have been sold down, this appears to be in line with the broader market sell off occurring.

    Correct.

    The sell down has not been exclusively related to LOM, but also the options LOMO.

    for the reason stated above... i.e. LOM and LOMO are part of the broader market

    Lucapa, may require more capital in the coming months due to the delays caused by the seasonal rains, which normally cease in the later part of March early April.

    You same 'may', but more than likely 'will not'... So worthless comment.

    IMO, the market is losing confidence in the option scheme being the back bone of future capital requirements, hence the sell down in anticipation of further funding requirements.

    IMO, the market is not losing confidence in the option scheme, it has a long way to run yet. Funding is looking pretty healthy with sources other than options available.

    so nothing has changed, LOM relative to other stocks is a great speculative investment opportunity.
 
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