I’ve always tried to support these capital raisings, stupidly. However this time I thought better of it. If LOM had confirmed the new MIC and receipt of all or even some of the $10m plus or whatever the hell we are still owed out of Angola I would have played but neither were announced and both are huge issues for me.
Im obviously not alone, $400k, what a joke. No surprise really.
I’m sitting on a paper loss of around $200k on this investment currently. I’ve made some poor investment decisions over the years but so far this one takes the chocolates, by far!
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