LOM 8.70% 4.2¢ lucapa diamond company limited

Ann: Appendix 4D and Half Year Report, page-44

  1. 2,950 Posts.
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    Market cap is what the people are willing to pay for the mgmt and what they can do with the assets. You should be able to answer how much they are owed and when; as that is their achellies heel- cant negotiate and dont get paid in a timely manner or at all!

    They can raise but it will be from bottom feeder and at a massive discount from here- hence the consistent selling despite the lack of any real buyers.

    I like wombats so ill take that but rather than just sling mud- pump it up with a bit of reasoned arguments for the business case. What do you like about the company, its current management and its strategy? Not sure if you are on the pay roll but your dogged advocacy despite the performance suggests its a possibility but give it a shot. Why should you invest at this point?

    Here is a monthly chart for your commentary-it actually softens the plunge rather than the shorter time frames but it does to a degree speak for itself and reflect the management teams efforts! But be interested to hear your positives!

    https://hotcopper.com.au/data/attachments/6430/6430102-2924fe8398529fd3fc5d1879f07548f1.jpg


 
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Last
4.2¢
Change
-0.004(8.70%)
Mkt cap ! $12.18M
Open High Low Value Volume
4.6¢ 4.6¢ 4.1¢ $25.93K 611.8K

Buyers (Bids)

No. Vol. Price($)
2 55091 4.2¢
 

Sellers (Offers)

Price($) Vol. No.
4.3¢ 6006 1
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Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
LOM (ASX) Chart
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