LOM 1.52% 6.5¢ lucapa diamond company limited

I see today's announcement as immaterial except it sets up for...

  1. 6,496 Posts.
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    I see today's announcement as immaterial except it sets up for further future success.

    They are going after the big prize I get that but the market hasn't yet acknowledged that LOM is an undervalued stock in it's current state as a cash generating explorer. Even if LOM continued indefinitely with it's current state of business the MC should reflect its cash generation - IMO starting at about $220m.

    Agree they should keep their eye on the prize and not get side tracked but setting up for further success is no negative.

    LOM is a buy, and a keeper.
 
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Last
6.5¢
Change
-0.001(1.52%)
Mkt cap ! $18.85M
Open High Low Value Volume
6.4¢ 6.5¢ 6.4¢ $6.475K 101.1K

Buyers (Bids)

No. Vol. Price($)
1 50000 6.4¢
 

Sellers (Offers)

Price($) Vol. No.
6.6¢ 25000 1
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Last trade - 10.29am 06/08/2024 (20 minute delay) ?
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