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1.41%

7.0¢ lucapa diamond company limited

LOMOB, page-176

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Bagman22

9,397 Posts.

1344

23/03/16

12:41

Post #: 17345833
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Originally posted by zippy1 ↑

The LOMOB price is irrelevant for those that will be (and are capable of) exercising them. Any movement in the LOMOB value is simply a paper gain ... or in this case loss (be it more significant than LOM).

Obviously a different story for the LOMOB traders.

Downward pressure on LOM shares may be in order for accumulators to buy LOM cheaply and indirectly via LOMOB panickers (i.e. the LOMOB traders / speculators).

The accumulators are in essence indirectly buying LOM shares today for $0.37 cents, by buying LOMOB at $0.07. They are not having to wait in the LOM queue for the price to drop to $0.37 cents ... if the LOM price actually gets that low.

Zippy1

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Agreed, Z1.
LOMOBs are still comfortably in the money and I can't see any justification as to why they won't be when exercise time lobs.
Weak holders, still holding, only have themselves to blame.
B22.

LOM Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last 7.0¢		Change -0.001(1.41%)		Mkt cap ! $20.30M

Open	High	Low	Value	Volume
7.0¢	7.0¢	7.0¢	$12.35K	176.4K

Buyers (Bids)

No.	Vol.	Price($)
3	121431	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.1¢	27000	1

View Market Depth

No.	Vol.	Price($)
3	121431	0.070
1	120000	0.068
2	127722	0.064
3	124801	0.061
1	16666	0.060

Price($)	Vol.	No.
0.071	27000	1
0.072	108501	4
0.073	153356	2
0.077	70000	1
0.093	100	1

Last trade - 15.57pm 31/07/2024 (20 minute delay)

LOM (ASX) Chart