Australia's largest stock trading and investment forum Australia's #1 stock forum

LOM

Click for more information

0.00%

9.3¢ lucapa diamond company limited

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

First 61 Last

Share
Profile

Follow
linear

1,232 Posts.

456

26/02/24

17:45

Post #: 72603633
Share

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.

Expand

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
7 Upvote

0 Great analysis

Reply

First 61 Last

Add LOM (ASX) to my watchlist

(20min delay)
Last 9.3¢		Change 0.000(0.00%)		Mkt cap ! $26.89M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	31217	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.0¢	12000	1

View Market Depth

No.	Vol.	Price($)
2	31217	0.090
2	57500	0.089
1	140000	0.086
1	150000	0.085
1	50000	0.080

Price($)	Vol.	No.
0.090	12000	1
0.098	6500	1
0.099	46000	2
0.100	39287	2
0.105	303897	1

Last trade - 09.10am 09/05/2024 (20 minute delay)

LOM (ASX) Chart

Day chart unavailable

SPONSORED BY