Right so the sale of 3 diamonds achieves equivalent to half our current market cap.
If there is no significant share price movement off the back of this it would prove that the market has no investment appetite for us due to the ridiculous dividend arrangement and the fact that we would have no idea when we would be likely to see our cut of the proceeds.
1.5b on issue or 300k, probably doesn’t make one iota of difference as already proven since the consolidation.
Very much hope to be proven wrong!
Ann: Three Lulo Diamonds Fetch US$10.5M at Tender, page-6
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Last
9.0¢ |
Change
0.004(4.05%) |
Mkt cap ! $26.02M | |||
| Open | High | Low | Value | Volume |
| 8.8¢ | 9.1¢ | 8.7¢ | $80.16K | 900.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 132135 | 8.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.1¢ | 111000 | 1 |
View Market Depth
| Last trade - 15.44pm 20/05/2024 (20 minute delay) ? |
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Last
8.9¢ |
Change
0.004 ( 3.49 %) |
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| Open | High | Low | Volume | ||
| 8.7¢ | 9.0¢ | 8.6¢ | 86108 | ||
| Last updated 13.30pm 20/05/2024 ? | |||||
| LOM (ASX) Chart |