LOM 6.67% 5.6¢ lucapa diamond company limited

Ann: Appendix 3B, page-23

  1. 2,214 Posts.
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    Crafty, I can understand ur pissed, but you need to chill. I bought in @ 41.5 late last week, and have watched it go south. There's no guarantees in anything, but here's some things to think about. The options just issued don't have a strike date until late 2017. They cost the owners nothing. Given that LOM has just started pulling diamonds half the size of ur fist, do you reckon they'll sit back for 12 mths and see what happens, or buy the heads now and sell into a falling market? I know what I'd be doing. The bigger worry for me is the upcoming issue of 60+ mill with the April 29 expiry. But again, effectively free shares. That gives the owners the better part of 5 mths to see what unfolds before they have to make a decision. This drop is odd in that it's thin - there's really no volume in it. Just remember why you bought the shares in the first place. With risk ( hopefully ) comes reward.
 
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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
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
LOM (ASX) Chart
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