LOM 2.33% 4.2¢ lucapa diamond company limited

Ann: Trading Halt, page-75

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  1. 10,697 Posts.
    lightbulb Created with Sketch. 2102
    I have been correct all the way since selling out, I was correct in saying that management was making a mistake in moving up river for the search of the source of the diamonds at lulo.
    I said that developing the mothae mine would result in non stop dilution and cap raises, and that has happened.
    I said that the big money investors would end up owning the majority of the company, and that has happened.
    The share price has fallen 80% since I sold out, and that is fact.
    Seems like my DD is quite good to me.
    I don't say it often on hotcopper, but when I have said it I have been correct, I feel that investors will lose almost it all on this investment.
    Good luck all.
 
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