Fact is that the commodity by itself had been very weak since 2019 and most diamond stocks collapsed.2020 the Corona pandamic occurred and things got even worse. In 2021 the diamond prices recovered but not the share prices.
LOM made a fantastic development from an explorer to a producer (2 highly profitable mines, from which substantial Cashflow is expected).
So if nothing unexpected happens, the future looks quite bright for LOM. Everybody can decide, if the current MC is too high or too low for a succesful producer with blue sky potential at the exploration front at Lulo.
Fact is that the commodity by itself had been very weak since...
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Last
7.0¢ |
Change
-0.001(1.41%) |
Mkt cap ! $20.30M | |||
| Open | High | Low | Value | Volume |
| 7.1¢ | 7.1¢ | 7.0¢ | $13.55K | 193.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 120000 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 259859 | 6 |
View Market Depth
| Last trade - 10.58am 26/07/2024 (20 minute delay) ? |
| LOM (ASX) Chart |