Agreed but...the Angolans didn't decide to purchase Mothae. That was all Lucapa.
And look at the dilution since...
Do people still think it was a great move? Wonder how many SOI we would have, but for the Mothae acquisition. 1/3 of what we have today?
LTH's have been absolutely screwed over by Lucapa.
I have vivid recollections of SW saying at an ADU conference a few years ago 'we have no interest in diluting our shareholders'. Yeeaaaaaa right. Apart from the multitude of capital raisings since.
I bought into this company for Lulo and feel very let down by our MD and board. It's been an absolute cluster of an investment and I'm losing hope of any meaningful recovery.
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Open | High | Low | Value | Volume |
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1 | 50000 | 0.059 |
1 | 50000 | 0.057 |
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2 | 20000 | 0.050 |
Price($) | Vol. | No. |
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0.070 | 12125 | 1 |
0.072 | 108501 | 4 |
0.073 | 264658 | 2 |
0.077 | 70000 | 1 |
0.093 | 100 | 1 |
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