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3.5¢ lucapa diamond company limited

Ann: More Large Diamonds at Lulo-LOM.AX, page-41

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Rock12345

308 Posts.

27/10/16

13:30

Post #: 20166455
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Originally posted by Timmyk ↑

I'm still thinking something is up. The coy previously announced they wouldn't be doing updates, only quarterlies unless something substantial happens.
Yet now, we had an announcement last week saying we were planning to sell diamonds, which was hardly to be unexpected, yesterday an announcement saying we're almost up and running with the xrt (presumably there'll be another when it actually is going), and today an announcement of recovery of two stones, one which looks like a z colour, the other pretty good and maybe worth around 2m.
So why the departure from original strategy and trying to keep momentum going with share price? I'm leaning towards getting better value from AIM listing, but am open to other suggestions.
We've had no news on drilling results, even though we're 3 months in. Is no news good news? Not usually

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The SP needs to be at a certain level should we have some major news to ensure no TO.
In a round about way !!!!!!!!!!!!!!!!!!!!!!!
What that news is that could cause a TO is, well who knows ?
Stolen from a smarter man.

Last edited by Rock12345: 27/10/16

LOM Price at posting: 49.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 3.5¢		Change -0.003(7.89%)		Mkt cap ! $10.15M

Open	High	Low	Value	Volume
3.8¢	3.8¢	3.5¢	$7.985K	219.1K

Buyers (Bids)

No.	Vol.	Price($)
1	2000	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	20000	1

View Market Depth

No.	Vol.	Price($)
1	2000	0.036
4	394979	0.035
1	210000	0.033
1	200000	0.030
1	111148	0.027

Price($)	Vol.	No.
0.040	20000	1
0.044	5006	1
0.046	150000	1
0.053	100000	1
0.055	30000	1

Last trade - 13.38pm 10/09/2024 (20 minute delay)

LOM (ASX) Chart