I have now ran out of money and are proberbly a top twenty holder only to see the sp continue to fall because of what seems to be a major holder selling at any price.
Miles kennedy,s lack of disclosure of what is going on at lulo has now spelt the end of lom and my finacial future.
I will be selling most of my stock if the sp ever goes back up again and I will never buy stock in a company that this man is involved with again due to his lack of communication with share holders.
Since the agm the sp has fallen 50% with no news to explain this nor has the asx queried this fall on no news.
Looks like we now have some news indicating the chinese investors are no longer interesred,as always most shareholders are the last to find out and it seems a larger holder new all along going by a 50% fall in the sp since the agm.
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lucapa diamond company limited
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