LOM 0.00% 4.2¢ lucapa diamond company limited

Ann: Lucapa Confirms Diamond Potential at Brooking Project, page-18

  1. 6,499 Posts.
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    Algorithm is offloading at 46c - see below.

    2 reasons: 1) continuous profit taking from buying under 43c, 2) to keep the SP down so they can reload, rinse & repeat

    Brokers / funds will also be seeing this, it will only take 1 major investor to stop this control. If I had the funds at my disposal I would do that today by soaking everything at 46c and buying hard into the close, thus leaving the seller without their shares.

    I don't think funds will be taking a major position in this any further until the kimbo licence is confirmed - so while it is immaterial and - as the company has said - just a process, it is holding the SP back. That's a good opportunity for a sophisticated investor to get in ahead of the funds.

    Oh to have hundreds of millions of $...

    TA lom.png
 
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Last
4.2¢
Change
0.000(0.00%)
Mkt cap ! $12.18M
Open High Low Value Volume
4.3¢ 4.3¢ 4.1¢ $5.006K 117.6K

Buyers (Bids)

No. Vol. Price($)
2 81044 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 14850 1
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Last trade - 15.57pm 05/09/2024 (20 minute delay) ?
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