LOM 6.98% 4.0¢ lucapa diamond company limited

LOM Chart, page-27

  1. 781 Posts.
    lightbulb Created with Sketch. 88
    LOM has an est 1.02B shares on public float with an average daily trading volume of 2.5m to 4m, or 0.25% to 0.4% of public float, depending on which time period you choose, this means turnover rate is literally 250 to 400 days, making TA a moot point
    You generally require turnover rates less than 100 days, or 1% of float traded on average, to have any confidence in a signal

    so there's your TA commentary if that's what this thread was supposed to be about... if that's the case its hilarious the most likes were given to an innocuous post which had nothing to do with TA and was clearly written by catman:
 
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Last
4.0¢
Change
-0.003(6.98%)
Mkt cap ! $11.60M
Open High Low Value Volume
4.2¢ 4.3¢ 4.0¢ $11.19K 267.9K

Buyers (Bids)

No. Vol. Price($)
1 77958 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 39645 1
View Market Depth
Last trade - 15.51pm 08/11/2024 (20 minute delay) ?
LOM (ASX) Chart
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