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6.5¢ lucapa diamond company limited

That interview sure didn’t age well.SP now 30% less than it was...

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linear

1,289 Posts.

518

26/02/24

17:45

Post #: 72603633
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Originally posted by agj26: ↑

Selby at 17.35 in that interview: 'our stock is as low as it's going to go'

....

2 weeks later it is 10% lower.

Also interesting that Nick states that larger shareholders of LOM are 'sticky' - I don't think that is entirely accurate. There have been a huge number of major holders come and go over the years. I also haven't seen much action from larger holders on market in recent times - eg. notices of substantial holders increasing their position. It seems that Ross Stanley has been playing a lone hand. Also don't recall any other Directors buying on market for a long time, despite the all-time lows in our share price. I remember Miles Kennedy's comments in an annual report years ago - compelling investment opportunities can only be ignored for so long. Those words didn't age well.

I hope that larger holders and funds are supportive of the consolidation - and we start to see some buying on market on the back of it, if the vote is successful.

It is a pretty simple equation - increase the demand for LOM stock and the price will go up. We have been drowning in a sea of supply for way too long.

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That interview sure didn’t age well.

SP now 30% less than it was when Selby said ‘our stock is as low as it’s going to go’.

Brilliant.

LOM Price at posting: 2.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 6.5¢		Change 0.000(0.00%)		Mkt cap ! $18.85M

Open	High	Low	Value	Volume
6.5¢	6.5¢	6.5¢	$15.85K	243.8K

Buyers (Bids)

No.	Vol.	Price($)
3	88874	6.1¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	54606	2

View Market Depth

No.	Vol.	Price($)
3	88874	0.061
1	326778	0.060
1	431000	0.059
1	180000	0.058
2	300000	0.057

Price($)	Vol.	No.
0.065	54606	2
0.066	21925	1
0.067	18639	2
0.069	42000	1
0.070	72518	1

Last trade - 10.52am 05/07/2024 (20 minute delay)

LOM (ASX) Chart