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5.4¢ lucapa diamond company limited

Ann: Full Year Statutory Accounts, page-12

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1sharetrader1

10,580 Posts.

2094

29/02/24

16:23

Post #: 72675583
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Originally posted by Timmyk ↑

I hate to say it, but post consolidation, if we hit around 8c, I’m going to load up.
Selby can’t be so stupid as to stay away from the Blk6 and 8 areas for kimberlite testing for any other reason than wanting a higher stake before we get there (although I concede it’s often underwater).
Also Wetherell post AGM told me he considered Merlin to be worth 29cps on its own.
If we flog off Mothae I consider it to be a very healthy bet.
The idea of watching my money grow at 6% per year in a bank stock bores me to death.
This is going absolutely horribly but it could also be an opportunity. Think LYC at 33c etc.
I’ve gone past the tip, getting close to the shaft, so may as well consider going balls deep when the price is right.

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I understand what you are saying and selling Mothae and concentrating on Lulo may help, but it does appear to me on paper that there liabilities are now to great and the company will not be able to keep its head above water, they are currently at great risk of going into a long term suspension, and even worst.
Something drastic needs to happen very soon in my opinion.

LOM Price at posting: 2.1¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 5.4¢		Change -0.001(1.82%)		Mkt cap ! $15.66M

Open	High	Low	Value	Volume
5.5¢	5.5¢	5.2¢	$19.12K	352.7K

Buyers (Bids)

No.	Vol.	Price($)
1	95000	5.4¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	60001	2

View Market Depth

No.	Vol.	Price($)
1	95000	0.054
2	182640	0.052
1	50000	0.051
2	20500	0.050
2	100000	0.049

Price($)	Vol.	No.
0.055	60001	2
0.062	120000	1
0.065	80000	2
0.069	116000	1
0.070	6780	1

Last trade - 13.06pm 16/08/2024 (20 minute delay)

LOM (ASX) Chart