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1.41%

7.0¢ lucapa diamond company limited

Ann: Appendix 3B-LOM.AX, page-14

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akrotiri

3,194 Posts.

1

06/04/16

12:14

Post #: 17434563
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Originally posted by Gazoo ↑

I actually thought you were fairly intelligent Akro, but your comments on this thread are in contradiction!

Say I have 100,000 LOMOB at an average of 10c - $10,000

If I do not convert these I would be out of pocket $10,000.

If I convert them at 30c then I have outlayed $40,000, but I now own 100,000 shares which at the current SP is worth $35,500. Out of pocket $4,500.

I'm pretty sure I'm better off exercising my options!

Expand

Gazoo....yes your analogy is correct.....but would it not have been more prudent to have sold your options when they retraced to 10c....pocketed your $10,000 outlay and wait for a lower heads SP to buy in.........no loss $4500 in this scenario
Good luck

LOM Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
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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¢	$12.34K	176.4K

Buyers (Bids)

No.	Vol.	Price($)
3	121510	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.1¢	27079	2

View Market Depth

No.	Vol.	Price($)
3	191958	0.070
1	14493	0.069
1	120000	0.068
1	15385	0.065
2	127722	0.064

Price($)	Vol.	No.
0.071	27100	2
0.072	108501	4
0.073	153356	2
0.075	19149	2
0.077	119786	2

Last trade - 15.42pm 31/07/2024 (20 minute delay)

LOM (ASX) Chart