What did I say about heads in clouds.
I've read reports stating that about $13 billion worth of rough diamonds are sold every year (total world market) and about 30% are gem quality. So total gem market is roughly $4 billion annually.
If Lucapa had 100 to 200 billion worth of gem diamonds it would take them between 25 years and 50 years to sell them all and that assumes no other participants in the markets.
Hope your estimates aren't right or we have the potential to sink the diamond market for the next half a century.
Eshmun
- Forums
- ASX - By Stock
- LOMs potential SP?
What did I say about heads in clouds. I've read reports stating...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LOM (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.3¢ |
Change
0.002(4.88%) |
Mkt cap ! $12.47M |
Open | High | Low | Value | Volume |
4.3¢ | 4.3¢ | 3.9¢ | $46.91K | 1.168M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 98857 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 0.040 |
1 | 77958 | 0.039 |
1 | 45446 | 0.038 |
1 | 13000 | 0.037 |
1 | 83360 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 98857 | 1 |
0.044 | 59148 | 1 |
0.045 | 125700 | 3 |
0.046 | 180000 | 1 |
0.047 | 24900 | 1 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
Featured News
LOM (ASX) Chart |