LOM 2.33% 4.2¢ lucapa diamond company limited

Ann: Mothae Expansion Project Update, page-20

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  1. 678 Posts.
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    A few good points @jd remember one thing - had today’s announcement been made by BDM - the stock probably would have popped 30%+ on the back of it.

    What’s holding LOM Back on a day like today ?

    (1). % ownership of Lulo
    (2). Dividend from SML

    once this changes - then I think you’ll see good volumes & even better upside.

    Key point for LOM re: Lulo in the future is that the mkt knows it’s a World Class asset, SH’s just want to see some money via an SML dividend.


    LB
 
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