That is exactly the way I see it. Once investors have confidence in LOM's finances the sp should be well over 10c and the options will be in the money. Hence free shares maybe.
I will definitely seek to oversubscribe to the cap raise and average down significantly at the same time.
Ann: Lucapa Capital Raising, page-118
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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 |
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| Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
| LOM (ASX) Chart |
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