So 6 diamonds sell for the equivalent of our current market cap and the share price doesn’t budge.
Just proves how much the of an issue the current repatriation arrangement is for potential investors.
The fact that we still haven’t received the remaining $10m or whatever it is from the last declared dividend from last year is simply not good enough and Lucapa and its shareholders are being punished accordingly.
This is the elephant in the room and until it’s sorted we are going nowhere IMO, whether we discover the source pipe/pipes or not.
All IMO
Ann: Six Lulo diamonds sell for US$12.4m at tender, page-11
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Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $12.18M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.3¢ | 4.2¢ | $6.548K | 154.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 240000 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 112000 | 1 |
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| LOM (ASX) Chart |