LOM 8.89% 4.9¢ lucapa diamond company limited

US15m bridge finacing 40 day due diligence, page-6

  1. 10,594 Posts.
    lightbulb Created with Sketch. 2095
    I don't think lucapa is being held off the radar.
    I believe the main problem is and always has been,the fact that very few people understand diamond mining companies or are even willing to look at investing in a diamond company.
    Also most professional investors these days are mostly only trading or going long in anything other than diamonds.
    Then you have the heard mentality that seems to be going on a lot these days where people act like sheep and follow the volume only to keep getting burnt,other than the smarter few.
    I have now come to the conclusion that during the alluvial mining phase,the share price will only start to realise some significant gains once the money starts to flow into the lucapa bank account,that is when the market can no longer ignore the true facts of what this company is really worth.
    When it comes to heard mentality you only need to look at the most recent stock like DML,a 90 day due diligence for a huge loan and the stock triples in value at one stage,LOM announces a 40 day due diligence for a smaller loan with no current debts and the stock price does nothing and lucapa is already mining.
    IM sure once some big figures start to be realised from diamond mining and sales the market will not be able to ignore the money.
 
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Last
4.9¢
Change
0.004(8.89%)
Mkt cap ! $13.92M
Open High Low Value Volume
4.5¢ 4.9¢ 4.5¢ $108 2.311K

Buyers (Bids)

No. Vol. Price($)
1 215 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 25938 2
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Last trade - 15.46pm 27/08/2024 (20 minute delay) ?
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