What an absolute joke our share price. Is anyone actually listening to any of these analysts, Euroz et al?
IMO, the only plausible explanation for the current dismal share price, is concern about the state of the company's finances.
I sent an email to the company yesterday asking about the USD $5.6m dividend announced on 24/12/18 and whether the company had received those funds. I received the following reply.
'The SML distribution / loan repayment is being made from the proceeds of the recent Lulo tender. As has been the case with previous distributions and loan repayments, Lucapa will announce to the market when repatriated funds are received.'
I hope the board is taking note of our dismal share price. We all bang on about it continuously but communication is where it starts. Would be great to know what the company's funding requirements and strategy is, would be great to know what's happening with the kimberlite exploration at Lulo etc etc.
Grrr...
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6.9¢ |
Change
0.002(2.99%) |
Mkt cap ! $20.01M |
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($) | Vol. | No. |
---|---|---|
6.9¢ | 27880 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.065 |
2 | 197103 | 0.064 |
1 | 12000 | 0.063 |
2 | 84801 | 0.061 |
1 | 326778 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 27880 | 1 |
0.070 | 72518 | 1 |
0.071 | 20000 | 1 |
0.073 | 10000 | 1 |
0.074 | 150000 | 1 |
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