African Diamonds Share Discussion Threads

[buck316] 02/11/2010 10:42

My real concern here is exchange rates $ versus £ and Euro, Which way is it likely to go?. We got stung a few years ago big time buying a property in US and the dollar plummeting. So if the $ drops those figures by hatto could be all changed.

[hatto] 02/11/2010 10:24

Good morning everyone.

I'm a little surprised that AFD is still trading @ only 38p/39.5p what with LUC's share price recovering as it has.

Yesterday AFD had a 100,000 Buy @ 39.5p & a 25,000 Buy @ 39p.

So someone realises the likely bonus of buying AFD at this level.

I've had my calculator out & worked out the value of our potential LUC holding.

LUC 86c = 42p + 7p BD Estimated value = 49p
LUC 87c = 42p + 7p BD Estimated value = 49p
LUC 88c = 43p + 7p BD Estimated value = 50p
LUC 89c = 43p + 7p BD Estimated value = 50p
LUC 90c = 44p + 7p BD Estimated value = 51p
LUC 91c = 44p + 7p BD Estimated value = 51p
LUC 92c = 45p + 7p BD Estimated value = 52p
LUC 93c = 45p + 7p BD Estimated value = 52p
LUC 94c = 46p + 7p BD Estimated value = 53p
LUC 95c = 46p + 7p BD Estimated value = 53p
LUC 96c = 47p + 7p BD Estimated value = 54p
LUC 97c = 48p + 7p BD Estimated value = 55p
LUC 98c = 48p + 7p BD Estimated value = 55p
LUC 99c = 49p + 7p BD Estimated value = 56p

Certainly worth watching LUC's share price which closed @ 90c v 92c yesterday.

======

Obviously two possible factors that WILL effect the above calculations are....

1. A higher Bid by 24th November 2010 (Court date).
2. AFD shareholders voting against the LUC offer.

IMHO ADYOR

[arf dysg] 02/11/2010 10:15

On my personal web page, I have a link to TSX:LUC on ADVFN and that works. I guess LUC would work on its own, because ADVFN can't find it on LSE, so searches the other lists it knows.

If there should ever be a LUC on LSE, we'd have to use TSX:LUC to get the Canadian one.

[euclid] 02/11/2010 09:03

Graph is the small one directly above your post.
Epic for Lucara on ADVFN is LUC

[cocorico2009] 02/11/2010 09:02

tsx:luc (per the one at the top of this page)!

but i'm sure euclid will pop up in a minute and confirm it

[jibbajabba] 02/11/2010 08:53

Hi all sorry may have been asked before. Can we get a graph for Luc on advfn? If so what ticker should I be enetering in the epic?

[arf dysg] 01/11/2010 16:48

emilio, you're giving me a laugh.

...but not in a good way.


Meanwhile, the LUC share price ascends mightily... well, maybe it just isn't going down any more.

[emilio] 01/11/2010 15:22

Here you are my Dear!
i missed you already!

[emilio] 01/11/2010 15:22

Here you are my Dear!
i missed you already!

[emilio] 01/11/2010 15:22

Here you are my Dear!
i missed you already!

[vikramarahaji] 01/11/2010 15:01

I take that as a yes then.

[emilio] 01/11/2010 14:44

FFFFFFFFFFFFFFFFOOOOOOOOOOOOOOKRAM!

[emilio] 01/11/2010 11:48

FOOOOOOOOOOOOOOOKRAM please dont talk abaut brightness,you are also not shinny!
TIKE!

[vikramarahaji] 01/11/2010 09:12

Not sure AFD are too bright for not nipping this in the bud.

[chapchip] 01/11/2010 08:28

not sure the other sides brief is too hot

[adamao] 31/10/2010 11:43

Thanks bageo. This judgement is almost 3 yrs old yet AFD say the case is still active.. I guess there must have been more recent court events to push this matter forward but I haven't found any details online. Guess AFD haven't won as the claim is for a large sum and there hasn't been a RNS.

[arf dysg] 30/10/2010 14:50

"... the plaintiff's pleadings, on this important point, are indeed vague and embarrassing."

Oh, dear.

[bageo] 30/10/2010 10:37

thanks for that adamao - information forced out by the takeover.

[adamao] 30/10/2010 01:11

Strange this has only been mentioned now

[adamao] 30/10/2010 01:08

Checked on this website and seems like the Microsearch case has been going on for some years, and AFD has lost at least one round, comprehensively. Makes interesting reading:

[varrirob] 29/10/2010 22:41

I wonder if we will see anymore buying from Deutch Bank follow this RNS?

[bageo] 29/10/2010 21:27

chipchap that is what is said but my point was this equipment was AFD's originally then a few years ago WAD, now Stellar so nothing to do with AFD currently.

[markfrankie] 29/10/2010 21:05

hi euclid alot of reading in that 14069 post, thanks

[chapchip] 29/10/2010 21:02

wasn t it coz it was faulty equipment ?