Well found and posted BBuster.
The lines which I found wonderfully fascinating and contradictory are:
- CEO Stephen Wetherall says this represents a spectacular average price of $55,585 per carat.
- The diamond is the 27th biggest recorded in the world and the biggest discovered by an Australian company.
- A short time ago, the company’s share price was down 2.3% to $0.41.
Go figure or make sense of that!!
I suppose the last line mentioned above will either be interpreted as:
(a) an opportunity as the share price hasn't yet reflected the latest announcement;
(b) a deterrent in regards to something must be wrong as no-one is buying notwithstanding the great news;
... all based on subjective interpretation and past experiences!
One can only wonder who really controls (short term anyway) the share market and share prices.
Zippy1
- Forums
- ASX - By Stock
- LOM
- Ann: 404 Carat Lulo Diamond Sells for A$22.5 Million
Ann: 404 Carat Lulo Diamond Sells for A$22.5 Million, page-70
-
- There are more pages in this discussion • 82 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
|
|||||
Last
7.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.88M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 155809 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.2¢ | 157173 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 155809 | 0.070 |
1 | 19829 | 0.066 |
2 | 260000 | 0.065 |
3 | 227722 | 0.064 |
2 | 84801 | 0.061 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 157173 | 1 |
0.073 | 139658 | 1 |
0.075 | 8968 | 1 |
0.076 | 85000 | 1 |
0.077 | 70000 | 1 |
Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
Featured News
LOM (ASX) Chart |
Day chart unavailable