LOM 1.45% 7.0¢ lucapa diamond company limited

Very risky game buying lomob at current prices as the heads move...

  1. 10,499 Posts.
    lightbulb Created with Sketch. 2084
    Very risky game buying lomob at current prices as the heads move up a little but keep getting dumped on.
    I know we are all expecting great things from the up and coming EM ground survey results but what if the quarterly is not all that great and the share price is around 26 to 28 cents before the EM results and the results does not excite the market that much?
    I stated this about a month back and the next round of results may only see the share price back over 30 cents for a short while before falling back below 30 cents.
    IM sorry but people paying 4 to 5 cents for the lomob is just plain reckless because the share price may not actually make a strong move up and hold such gains until the company is much closer to processing a bulk sample from a kimberlite or more.
    IM as positive as anyone here,but IM also not stupid as I know things can take a lot longer and a lot longer for the market to price in such advancements.
 
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7.0¢
Change
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Mkt cap ! $20.30M
Open High Low Value Volume
7.0¢ 7.4¢ 7.0¢ $42.21K 602.4K

Buyers (Bids)

No. Vol. Price($)
1 10000 6.6¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 14170 1
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Last trade - 15.49pm 16/07/2024 (20 minute delay) ?
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