LOM 0.00% 4.3¢ lucapa diamond company limited

Here is my post from 28/6 when they first started...

  1. 363 Posts.
    Here is my post from 28/6 when they first started selling:

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    It seems very coincidental that Lohnro Africa appoints a financial advisor & corporate broker on the day that the selling commenced 13th June. This also ties in with the sale of their aviation business.

    http://www.lonrho.com/News/RNS_Announcements/RnsNews.aspx?id=779&rid=11231933

    In the same ann they state that there focus is on developing the agriculture and agri-logistics division and the oil services and infrastructure division.

    Sometimes large companies just decide to reduce their exposure to non-core business.

    I think it is as simple as that.

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