Akro:
This comment that the mates rates 20c options killed the SP is rubbish and even Newtolt agreed with that recently. The WG issue had about 11m out of 24m exercised and presumably sold. There have been hardly any exercised in the last 2 weeks so no influence on the downtrend. Presumably the balance are going to be held because there is basically no action on the LOMOA site.
That also means that the HNW options are being held for the same reason.
Akro show me where the options are "still washing through" in any quantity relative the LOM shares.
Try and look at the real reason for the SP.
Non-believers in the asset and traders scared as hell
Missing in Action, page-67
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Last
7.0¢ |
Change
-0.001(1.41%) |
Mkt cap ! $20.30M | |||
| Open | High | Low | Value | Volume |
| 7.1¢ | 7.1¢ | 7.0¢ | $13.55K | 193.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 120000 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 259859 | 6 |
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| Last trade - 10.58am 26/07/2024 (20 minute delay) ? |
| LOM (ASX) Chart |