LOM 2.44% 4.0¢ lucapa diamond company limited

the stock is acting very strangely , LOM are making tens of...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,436 Posts.
    lightbulb Created with Sketch. 620
    the stock is acting very strangely , LOM are making tens of millions of dollars from the alluvial diamonds, and im sure full production is still ramping up, yet the stock is where it was in 2013, amazing.

    I don't understand why the market is waiting for the kimberlite pipe to be found or not.
    LOM are making millions, you would think this would be enough to get the stock to at least hold 40-50c.

    Its not like LOM are just starting a pre feasibility study on alluvials which would explain why the stock is in a steep downtrend, but its not, its making large amounts of money each month, yet the market wants more and more, the stock is like a desperate crack addict, wanting more and more to get back to a lower high, amazing.
 
watchlist Created with Sketch. Add LOM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.