LOM 1.45% 7.0¢ lucapa diamond company limited

LOMOA, page-41

  1. RDL
    3,821 Posts.
    lightbulb Created with Sketch. 508
    LOMOA price action not that unbelievable. All about the leverage and time value.

    I've been running the ruler myself over LOMOA as i believe the time frame to exercise is more than enough for the LOM sp to go for a good run. And if you believe that, then hey, you would want the largest exposure possible, so why not sell do something like sell LOM and buy LOMOA.

    I think the LOMOA push is probably someone who has sold LOM, and too nervy to stay out of the market, and has hence used LOM proceeds to instantly purchase whatever LOMOA were available up to a reasonable price.

    EG: sell 200,000 LOM at 30c, buy 333,333 LOMOA at 18c. Just increased your exposure to Lucapa as a company by two-thirds for zero additional outlay (right now).
 
watchlist Created with Sketch. Add LOM (ASX) to my watchlist
(20min delay)
Last
7.0¢
Change
0.001(1.45%)
Mkt cap ! $20.01M
Open High Low Value Volume
7.0¢ 7.1¢ 7.0¢ $20.28K 289.5K

Buyers (Bids)

No. Vol. Price($)
1 1000 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 19943 1
View Market Depth
Last trade - 10.15am 16/07/2024 (20 minute delay) ?
LOM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.