LOM
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6.15% 6.1¢ lucapa diamond company limited

A fair comment bungy , but the 20+% take up on the rights issue...

  1. Macadder
    216 Posts.
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    12/01/12
    13:36
    Post #: 9541366
    A fair comment bungy , but the 20+% take up on the rights issue when the Sp was well south of 1c at the time suggests those that did were optimisitic true long termers. Anyone intending to "trade" LOM would have been better to buy in at 0.6c then sell a portion to free carry once it jumps up again over 1c.
    LOM Price at posting: 0.8¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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