LOM 2.27% 4.5¢ lucapa diamond company limited

Ann: Lucapa completes divestment of Mothae Mine stake, page-30

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  1. 188 Posts.
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    We have no money, We can be happy if no heavy CR is coming. I have the impression that a lot of people here have not understood the current situation. Just sitting on maybe the richest diamond mine or at least one of the richest ones in the world does not help if your costs are higher than revenues, yoyou do not have any reserve and your shareprice is bombed out due to the fact that this situation is ongoing since 10 or 15 years so that you also do not have the chance to attract new money without catastrophic dilution. The only way is to bring cost and revenues into balance and continue searching for the jackpot. Every unnecessary spending like Merlin, dividend to shareholders etc. just brings us closer to bankrupt or catastrophic dilution.
 
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Last
4.5¢
Change
0.001(2.27%)
Mkt cap ! $13.05M
Open High Low Value Volume
4.5¢ 4.5¢ 4.5¢ $3.15K 69.99K

Buyers (Bids)

No. Vol. Price($)
1 11355 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 49781 2
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