LOM 0.00% 6.7¢ lucapa diamond company limited

Timing of Announcement, page-236

  1. 12,259 Posts.
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    Personally I can't wait until all these options have washed out of the system, they are a constant source of uncertainty and aggravation for shareholders and have been holding the share price back IMO. If the company wants cash can't they just do a rights issue or a placement. Then its easy to figure out and measure the success of this company. The shares then either trade at a discount to the last placement or at a premium. Ideally we don't need money because the company is making enough and we don't have to worry about options, placements or rights issues. Frankly even if they'd just placed shares to their mates (friendly parties) it sure would have beaten the song and dance that has gone along with the options that have been issued all over the place by this company. Extremely tiresome and distracting to the core business of mining and exploring for diamonds IMO. Eshmun
 
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