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5.71%

6.6¢ lucapa diamond company limited

Ann: Consolidation/Split - LOM, page-95

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bungy234

13,158 Posts.

2671

09/02/24

18:26

Post #: 72331321
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Originally posted by thehound ↑

as I said the other day it's heading down the path of Marine Produce another company MK involved in. I suspect some time after consolidating they will say we need to unlock value for shareholders and cannot do as a listed company. They delist then do a big placement and as its delisted us mugs afraid of the lack of liquidity so don't take up the offer and we get massively diluted and eventually they sell the company and we get peanuts not dollars!
I'm not a miner but I would have stuck to searching for the source at Lucapa saved the dollars and not got involved buying the other locations. On the plus side I did ok on Kimberley Diamonds when MK and company sold out to Gem many years ago. Anyway that's my Friday rant... sorry guys

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I think Lulo will still be in our portfolio well after MK departs the board, and we’re unlikely to suffer the same fate as Marine Produce.

He said “hold onto your hats”, now I say it’s time to hang up your hat!

LOM Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.6¢		Change -0.004(5.71%)		Mkt cap ! $19.14M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.4¢	$28.35K	424.4K

Buyers (Bids)

No.	Vol.	Price($)
2	87500	6.3¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	100000	1

View Market Depth

No.	Vol.	Price($)
1	1000	0.074
1	20000	0.067
2	87500	0.063
2	46050	0.062
2	99195	0.061

Price($)	Vol.	No.
0.067	2808	1
0.069	100000	1
0.070	288975	2
0.073	10000	1
0.077	70000	1

Last trade - 16.10pm 18/06/2024 (20 minute delay)

LOM (ASX) Chart

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