LOM 3.85% 5.4¢ lucapa diamond company limited

Someone try to push down the market .., page-17

  1. 695 Posts.
    Dazza:
    This is a good spot for the LT holders.
    It removes space for the day traders to manipulate and gives them nothing to sell into while genuine Lommers buy up quietly at a stable price.
    If CR's want to convert and take a 100% profit on a gradual basis that is fine at least it is transparent as opposed to the manipulating day traders who lack interest in the company's future.

    Also no sign of any selling from the HNWI who now have their shares issued.
    A nice solid base building before the next level and a realistic base to absorb the selling that will come from the 30c options when exercised.

    It will take a while to absorb them although I am inclined to think a lot of the new Lomos will be sold to enable the holders to sell 4 at up to 10c profit on each to get one new LOM at no net cost.

    If holders flood the market then there wont be any 10c gain for them, but a huge 30c gain for the company and the LT sh.
 
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Last
5.4¢
Change
0.002(3.85%)
Mkt cap ! $15.66M
Open High Low Value Volume
5.3¢ 5.8¢ 5.2¢ $24.37K 464.5K

Buyers (Bids)

No. Vol. Price($)
2 48489 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 145000 1
View Market Depth
Last trade - 15.47pm 14/08/2024 (20 minute delay) ?
LOM (ASX) Chart
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