LOM lucapa diamond company limited

What I find confusing is that SML declared a $10M USD dividend...

  1. 5,417 Posts.
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    What I find confusing is that SML declared a $10M USD dividend in July, which means the other 60% holders got $6M, and now SML has zero cash, but it seems LOM is propping them up with more loans and depleting our cash reserves to the point where we have to do an emergency CR?

    WTF???
 
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