LOM 2.99% 6.9¢ lucapa diamond company limited

Is there a CR?, page-20

  1. 2,156 Posts.
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    Some people here implied that the large sell off recently was from Canaccord who they said had been propping up the price recently until the Mining License arrived.
    Perhaps this was the strategy for them with their options or something, and that they had always planned on unloading once the ML arrived.

    This is all speculation from a few, but I guess it can make sense.

    Prop the market till the good news arrives, then close out your position.
    Then wait until just before LOM will increase their mining capacity to the 14,000 or wait till the 40,000 and then buy back in.

    who knows, the big players use a few more strategies and stop losses etc than us minnows.
 
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Last
6.9¢
Change
0.002(2.99%)
Mkt cap ! $19.43M
Open High Low Value Volume
6.4¢ 6.9¢ 6.4¢ $3.729K 55.36K

Buyers (Bids)

No. Vol. Price($)
1 100000 6.5¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 27880 1
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Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
LOM (ASX) Chart
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