Long time between posts for me (as Bagman posts ... there hasn't been much for us to comment / post about ... besides "usual" business) ... but I'm still out here patiently waiting (Marknoske's post "patience is the key" hits the nail on the head).
All I can say is:
1. How many companies do you know that are out generating sales of $5 m plus per sale (and over $50 m in the last year ... as posted on HC) ... and more importantly ... how many companies with a $110 m cap are doing this?
... and this is while the company is still trying to "pin point" the source of these diamonds.
2. It's obviously a matter of patient and reading between the line / joining the dots ... what will the revenue be when they hit the "sweet spot"? Who knows, but it will definitely be a lot more than stated in point 1 above?
3. Many are speculating when this may possibly happen ... and the real answer is no one could possibly be able to predict this ... it could be tomorrow or in a few years time (depending on your own perceptions / opinions);
4. All I know is that I do not want to be sitting on the side lines waiting when it does happen and the fact that point 1 (which is in itself more that satisfactory ... based on Market Cap) is a reality, just means (in my opinion) you would be crazy to miss out. A few pip's up and down do not concern me ... I value the fact of being on the train ... or should I say rocket .... more important than that.
5. Yes, the sceptics will say that the rocket may no take off or may blow up mid-air due to sovereign risk, etc. ... although in my opinion I do not believe this will be the case and the probably of finding the "holy grail" is more likely than something drastic happening ... all a matter or perception and applying probability to those perceptions.
Every day is one day closer
GLTAH,
Zippy1
- Forums
- ASX - By Stock
- LOM
- Ann: Lulo Diamonds Sell For A$5.8 Million-LOM.AX
Ann: Lulo Diamonds Sell For A$5.8 Million-LOM.AX, page-27
Featured News
Add LOM (ASX) to my watchlist
|
|||||
Last
3.8¢ |
Change
-0.004(9.52%) |
Mkt cap ! $11.02M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 3.8¢ | $26.23K | 658.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 67166 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 131794 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 67166 | 0.038 |
1 | 83360 | 0.036 |
1 | 280000 | 0.035 |
1 | 16000 | 0.033 |
1 | 96806 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 131794 | 2 |
0.042 | 14825 | 1 |
0.053 | 100000 | 1 |
0.055 | 30000 | 1 |
0.062 | 120000 | 1 |
Last trade - 15.47pm 06/09/2024 (20 minute delay) ? |
Featured News
LOM (ASX) Chart |