Looking at the latest developments... a likely strategy for tribeca would be to take this corner stone position (as they have) at basement prices. Soak up on the listed oppies, and then increase their holdings, buying up the share price along the way to a reasonable value, say 15c and converting their 10c oppies prior to expiry.
calling Lom at 14 - 16c by end of may.
Ann: $12.5 Million Institutional Placement, page-63
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Last
6.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.43M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15800 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.7¢ | 31257 | 1 |
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| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| LOM (ASX) Chart |
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