LOM 4.76% 4.0¢ lucapa diamond company limited

Ann: Mothae Recovers Exceptional 101 Carat Diamond, page-57

  1. 1,339 Posts.
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    I often wonder what motivates people to stack the buy or sell side, so far from the last traded price.

    Especially for a stock like LOM which in anyone’s language is a lightly traded stock. It’s obviously an attempt to manipulate the market.

    What we really need, apart from an end to dilutive cap raises (at all time lows) is...

    We need a fund (or funds) to get on board that want equity on market. Funds that don’t derive benefit from a lower SP and debt for equity swaps.

    We need some better major shareholders that are really in it for the long term.

    And I think we are almost there. Safdico joining the register may just be the start. I think the tide will turn very, very soon.
 
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