LOM 8.70% 4.2¢ lucapa diamond company limited

Ignore the hype

  1. 7,302 Posts.
    lightbulb Created with Sketch. 770
    All the talk about LOM going to suddenly have $ in front of the SP is just hype.
    LOM gets pumped by some on here too easily and seldom lives up to the wild suggestions.
    We now have another confirmed magic kimbo but it counts for diddly squat it would appear

    20c oppies are being exercised and sold, next it will be the 30c ones. The 20c holders are quickly 'doubling' their money, I doubt the 30c holders will be that lucky as SP is likely to be sub 40c from their issue to their expiry
    Yes, probably below 40c for months.

    It has become clear that any FOMO should probably be ignored and we should learn from LOM's previous form.
    We are finding nice stones but probably not enough quickly enough to impress the market.
    LOM's success is more likely to take months/years, not days/weeks.
    Lots of people on our threads suggest not selling as you will miss out big time if/when LOM goes gangbusters, well you will also miss out if you hang on when you should sell.

    These are just my opinions based on recent LOM history and outcomes.

    Please don't allow the hype to cloud your judgement...

    Good luck making the decisions that works best for you...
 
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4.2¢
Change
-0.004(8.70%)
Mkt cap ! $12.18M
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4.6¢ 4.6¢ 4.1¢ $25.93K 611.8K

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2 55091 4.2¢
 

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Price($) Vol. No.
4.3¢ 6006 1
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Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
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