Great post P87
Doing business with such a regime is disconcerting.
Shareholders know they are taking a calculated risk in investing with this 'government' and being 'partners of the state'. I am uncomfortable with the ethics and blatant corruption involved but this is business and fundamentally it comes down to all being fair in love and war.
Their siphoning approach of putting all the good eggs in one basket and the bad in another could leave us high and dry if they decide a 'restructure' is in the best interest of Angola - you know, that 'National Interest' clause that can void all written agreements.
A timely reminder, especially to the longs that the bigger and more successful we become the greater chance we could morph overnight as we are processed through the Angolan star gate.
I have experienced what happens when a stock goes bad and your investment vanishes into thin air forever. It is a very strange unjust feeling that in the case of LOM would be devastating for many on here.
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Last
5.6¢ |
Change
-0.004(6.67%) |
Mkt cap ! $16.24M |
Open | High | Low | Value | Volume |
6.6¢ | 6.6¢ | 5.5¢ | $47.36K | 820.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 280076 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 116300 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 280076 | 0.055 |
1 | 140000 | 0.053 |
1 | 50000 | 0.051 |
3 | 120000 | 0.050 |
2 | 200000 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 116300 | 2 |
0.070 | 6780 | 1 |
0.071 | 85000 | 1 |
0.072 | 108501 | 4 |
0.073 | 139658 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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