LOM 1.41% 7.0¢ lucapa diamond company limited

Yeah well LOM went from around 54c to 5c prior to Covid or...

  1. 7,302 Posts.
    lightbulb Created with Sketch. 770
    Yeah well LOM went from around 54c to 5c prior to Covid or diamond commodity pricing issues.
    On top of that our 54c price was when our share registry was about half of what it is today so the new 50c SP is equal to about 30c at best thanks to CR dilution. Funnily enough Covid and the poor diamond market had little impact compared to the previous fall from grace of 50c to 5c because the stock turned out to be pumped and overvalued. If Merlin comes on board LOM will sink further. Might be a success longterm as the slow process unfolds, who knows, but most likely it will limp along for yonks for many more years. The diamond mining is one of the most difficult to crack with extraordinary low success rate. It's a roulette wheel stock with a lot more than 36 numbers and far more than two colours. Very high risk, very high reward.....a reckless punt for the willing.
 
watchlist Created with Sketch. Add LOM (ASX) to my watchlist
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.