I've been following this one for the last month or so (not bought yet), looking to buy in to a diamond stock.
It is clearly in a downtrend the last 6 months, but I can't really figure out why.
They started producing last October, revenues are coming in. They've had some delays here and there, but nothing disastrous or more than you would expect from a start-up and yet the share price keeps getting hammered The last announcement from another sale that appeared within previous estimates, caused another sell-off, so holders appear to expect a lot more ... Anybody that knows their diamonds care to shed any light on this. Maybe it is a dog in sheepskin after all?