LOM 2.50% 4.1¢ lucapa diamond company limited

Market Cap ?, page-17

  1. 9,397 Posts.
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    I sort of agree, Brent.
    It's easy to find excuses, but I believe that quite a lot of this selling is coming from nervous option converters, the sp hasn't behaved the way most hoped/thought it would, since the highly successful option issue closed.
    Anyone feeling slightly uncomfortable with their enlarged exposure, following the exercise, would have to be lightening off a bit, while buyers, seeing the continual slow deterioration in price, have no incentive to jump in right now, although that can change in an instant, as we know.
    Will be hear anything further prior to May 26th? Probably not, but it would be nice if we did.
    B22
 
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