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Lucapa Diamond Co. ( (AU:LOM) ) has issued an announcement.
Lucapa Diamond Company Limited, along with its subsidiaries Brooking Diamonds Pty Ltd, Heartland Diamonds Pty Ltd, and Australian Natural Diamonds Pty Ltd, has entered voluntary administration, with Richard Tucker and Paul Pracilio from KordaMentha appointed as administrators. The administrators are assessing the group’s operations and will initiate a recapitalization and sale process, which could impact the company’s future operations and its stakeholders.
More about Lucapa Diamond Co.
Average Trading Volume: 543,748
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$6.45M
For detailed information about LOM stock, go to TipRanks’ Stock Analysis page.