LOM 4.76% 4.0¢ lucapa diamond company limited

Ann: Lucapa Capital Raising, page-242

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  1. 7,302 Posts.
    lightbulb Created with Sketch. 770
    Now if they had made the oppies exercisable at 20c maybe ironically the higher price would have been better.

    "Gee, they must be expecting us to be above 20c in two years"

    Plus, would have brought in even more cash.
    I guess they are not very confident of SP being at over 20c in two years.
    Oh dear, that's rather disappointing........isn't it?

    Looks like very little to look forward to for quite some time......doesn't it?
 
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