Yes donkey but the exercising of the options is a 'given'.
We are not talking about that we are talking about the leverage.
Not everyone with or buying LOMOB have the funds to exercise them.
If it was only about exercising them you might as well buy LOM right now at 40c as that is what you are effectively doing buying 10c LOMOB
Also you are not 'square' if LOM drops to say 35c, on my example you have lost $5k
You should not say... "That is so wrong it is laughable."
I will spare you a similar comment...
LOM chart, page-1085
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Last
4.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.47M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24000 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 471053 | 4 |
View Market Depth
| Last trade - 16.12pm 31/10/2024 (20 minute delay) ? |
| LOM (ASX) Chart |
Day chart unavailable