Diamonds deal adds sparkle

A diamond investment by the reclusive Kahlbetzer family could spark investor interest.

John Kahlbetzer does not make many investment mistakes, which is why he is one of the few people to appear on every BRW magazine rich list since it was first published in 1984, and why his sudden interest in diamonds might spark the interest of other investors.

Quietly, a man best known for his extensive holdings of agricultural land in Australia and Argentina has emerged with a 5.23% stake in the ASX-listed Lucapa Diamond Company (LOM).

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