what if DeBeers did take over the Lulo concession and brought in Lucapa as a junior partner - it wouldn't be all bad.
First, there'd be someone in charge at Lulo who knew what they were doing - Lucapa has never had a clue.
There would be more massive dilution for LOM investors effectively but since Lucapa is going down the toilet anyway, wouldn't it be better to have a share of something rather than the nothing shareholders have received for more than 10 years?
Ann: Consolidation/Split - LOM, page-182
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Last
6.3¢ |
Change
-0.011(14.9%) |
Mkt cap ! $19.14M | |||
| Open | High | Low | Value | Volume |
| 7.6¢ | 7.6¢ | 6.1¢ | $67.72K | 1.013M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 85299 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 21731 | 1 |
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| Last trade - 14.28pm 12/06/2024 (20 minute delay) ? |
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Last
6.1¢ |
Change
-0.011 ( 19.7 %) |
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| Open | High | Low | Volume | ||
| 7.3¢ | 7.3¢ | 6.1¢ | 169088 | ||
| Last updated 13.54pm 12/06/2024 ? | |||||
| LOM (ASX) Chart |