LOM 2.44% 4.0¢ lucapa diamond company limited

Options, page-16

  1. 510 Posts.
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    JawDropper,

    You are still here and posting ... I thought you were not going to post until you had purchased more LOM at around $0.20!

    It's called Leveraging ... and if you don't understand this basic concept I would suggest you go and read previous / old posts regarding options. I don't have time to explain the basics, although I suspect that you fully understand what I am talking about and your post in order to entice someone to sell their LOMOB options to you.

    P.S.- Based on your unrealistic $0.20 target price $0.35 would be expensive ... but then again leveraging and the potential future share price may make it very cheap (as the current LOMOB buyers have determined).

    Zippy1
 
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