LOM 0.00% 6.7¢ lucapa diamond company limited

LOMOA, page-17

  1. 510 Posts.
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    I don't think some of the posters on this thread understand how Options work ... yes, sometimes they are higher risk, although with this comes higher potential reward ... depending on whether company is creating revenue (which LOM is!!).

    Someone sold 200,000 LOMOA to me on the 9th and I couldn't be happier ... Yes they are probably happy as they got them for almost nothing ... but I now have the future potential.

    As LOMOA exercise price is 20 cents on 30.9.2017, I have in essence purchased 200,000 LOM shares at 37 cents ... with only 16 cents paid now and if necessary 20 cents in 2 years time.

    Now let's assume that in June 2017 LOM shares are worth $1.00 (which I think is conservative and realistic ... based on what's going on) ... my LOMOA would be worth over $0.80 per share, resulting in a profit of $128 k (200 k x ($0.80 less $0.16) ... my $32 k investment would be worth $160 k, a gain of 400% ... as opposed to approx. 300% if I purchased LOM shares now, which would cost me more anyway (or I would have to buy less shares).

    If we were to assume that in June 2017 LOM shares are worth $2.00 (which I think is conservative and realistic ... based on what's going on) ... my LOMOA would be worth over $1.80 per share, resulting in a profit of $328 k (200 k x ($1.80 less $0.16) ... my $32 k investment would be worth $360 k, a gain of 1,125% (a "ten bagger") ... as opposed to approx. 666% if I purchased LOM shares now which would cost me more.

    It's called leveraging ... so if you are a believer in LOM and what is happening here LOMOA are actually a good value buy at the moment.

    I like what I am hearing and believe that LOM is onto something big, or should I say massive, and this will be well established by 2017 ... especially considering how quickly and effectively LOM and BOD have acted to date ... they are not doing things slowly to milk the market (as some small mining companies do).

    P.S.- I also own shares and will have some (in the millions after 1 for 2 reduction) new LOMO coming my way.

    I am portfolio heavy in LOM and can feel that this will be a great investment. I have also made 10 baggers before and love the feeling.

    I sincerely believe that the lower share price is being achieved by some very astute investors, which are driving the share price down, to scare investors and activate stop losses and they are mopping up the shares at lower levels ... knowing what gain they will make when things really start happening for LOM.

    Hope this makes sense and GLTA.

    Time for me to sit back and enjoy the ride.

    Happy and relaxed Zippy1
 
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Last
6.7¢
Change
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Mkt cap ! $19.43M
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No. Vol. Price($)
1 15800 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.7¢ 31257 1
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Last trade - 16.12pm 12/07/2024 (20 minute delay) ?
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