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Lucapa Diamond Faces ASX Suspension Amid Financial Struggles

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Lucapa Diamond Faces ASX Suspension Amid Financial Struggles

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Lucapa Diamond Co. ( (AU:LOM) ) has issued an announcement.

Lucapa Diamond Company Limited has had its securities suspended from quotation on the ASX due to its inadequate financial condition, as determined by the ASX. This suspension follows the appointment of voluntary administrators and will remain in place until the company complies with ASX Listing Rules, particularly those concerning financial adequacy.

More about Lucapa Diamond Co.

Lucapa Diamond Company Limited is a company operating in the diamond industry, focusing on the exploration, mining, and sale of diamonds. The company is listed on the Australian Securities Exchange (ASX) under the ticker LOM.

Average Trading Volume: 543,748

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$6.45M

Find detailed analytics on LOM stock on TipRanks’ Stock Analysis page.

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