LOM
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0.00% 6.5¢ lucapa diamond company limited

Why on earth did they do a 5 for 1 at 2-3 cents? Surely a 10 or...

  1. dangar
    4,943 Posts.
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    05/03/24
    10:35
    Post #: 72746847
    Why on earth did they do a 5 for 1 at 2-3 cents? Surely a 10 or 20 to 1 would have been better.

    Now we are sitting at around the second worst price for trading liquidity - 10c. It takes 5% to get an upward tick, but only 1% to get a down tick.

    The worst price is $0.002 - 50% pips.

    Even at where we were on Friday close - $0.022 - the pips are less than 5%.
    LOM Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
6.5¢ 		Change
0.000(0.00%) 		Mkt cap ! $18.85M
Open High Low Value Volume
6.5¢ 6.5¢ 6.5¢ $15.85K 243.8K

Buyers (Bids)

No. Vol. Price($)
2 88793 6.1¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 6867 1
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
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