JD:
This is sickening because for once I am about to agree with you.
Hami and others are correct based on gearing but the downside as you say, if the shares don't go up the LOMOBs will progressively drop in value the closer we get to April 29.
I hold LOMOBs, LOMOAs and mostly LOM.
I guess that says I agree with the intent of your posts.
Hami and crew, if they are prepared to take a heavily geared punt, with really only 6 weeks to run (can't risk waiting until Apr 29 unless well in the money) ......Or they are prepared to exercise (which doesn't seem to make sense gearing-wise) ....... then they are likewise correct
LOM chart, page-1096
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Last
7.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.88M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 155809 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 157173 | 1 |
View Market Depth
| Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
| LOM (ASX) Chart |
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