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Lucapa Diamond Enters Voluntary Administration

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Lucapa Diamond Enters Voluntary Administration

Confident Investing Starts Here:

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.

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