LOM 2.33% 4.4¢ lucapa diamond company limited

Anglo American, page-9

  1. 674 Posts.
    lightbulb Created with Sketch. 15
    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!
 
watchlist Created with Sketch. Add LOM (ASX) to my watchlist
(20min delay)
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
Last trade - 15.54pm 01/11/2024 (20 minute delay) ?
LOM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.