Hi Amol, mate, thanks for your input.
"The gearing benefit only occurs if the SP increases so it is all about risk." I wonder if the same people buying LOMOB today would take out a margin loan with a LVR of >75% and put it all on a speculative stock with a margin call 2 months away. Shrugs, maybe... Good luck getting the bank* to approve that one however... !!
Heck, this one might come off for some people but over time this is the strategy that'll send you broke. A bit like the people that buy into hype and emotion and pulled the trigger on LOM @ 50c earlier in the week and they're now down 24%.
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Last
5.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.50M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9823 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.1¢ | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9823 | 0.051 |
1 | 10557 | 0.050 |
1 | 70000 | 0.049 |
2 | 600000 | 0.048 |
1 | 150000 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.061 | 15000 | 1 |
0.062 | 120000 | 1 |
0.065 | 80000 | 2 |
0.069 | 116000 | 1 |
0.070 | 6780 | 1 |
Last trade - 16.12pm 21/08/2024 (20 minute delay) ? |
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LOM (ASX) Chart |
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