LOM 4.76% 4.0¢ lucapa diamond company limited

Ann: Change of Director's Interest Notices-LOM.AX, page-61

  1. 2,222 Posts.
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    I think that LOM will continue to suffer post the option expiry. The reason being that those who exercised at the margin will continue to sell any rallies to get the capital back they reluctantly utilized to exercise. I hope it wont be for long, but I would be very surprised if rallies on good announcements weren't used for this purpose. Again if you want to blame someone for what has happened over the past few months, as i said before, blame the BOD, it was they who brought the LOMOB's back from the dead. It has been a helluva capital raise. Worth it??? Probably, we shall see in a few months.
    Last edited by daveg: 17/04/16
 
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