If De Beers and Alrosa are seriously looking at expanding their operations in Angola it would cheaper and quicker for them to attempt a takeover of LOM at $1.50+ instead of spending 5 years or more to get to the stage we're currently up to. They would also have the funds to bring the kimberlite into production fairly quickly. I believe the company would be doing their very best to add as much value as possible to the company before our first takeover comes.
I think it's a matter of when not if they come knocking. The longer they leave it the more they will have to pay which is good for us!
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Last
4.4¢ |
Change
0.001(2.33%) |
Mkt cap ! $12.76M |
Open | High | Low | Value | Volume |
4.2¢ | 4.5¢ | 4.2¢ | $26.27K | 608.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11355 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 105818 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11355 | 0.044 |
1 | 24000 | 0.040 |
1 | 77958 | 0.039 |
1 | 45446 | 0.038 |
2 | 113000 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 105818 | 3 |
0.046 | 180000 | 1 |
0.048 | 150000 | 1 |
0.055 | 8000 | 1 |
0.062 | 120000 | 1 |
Last trade - 15.54pm 01/11/2024 (20 minute delay) ? |
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