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1.41%

7.0¢ lucapa diamond company limited

Ann: Another A$9.6 Million from Lulo Diamond Sales, page-215

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zippy1

510 Posts.

13

07/03/16

12:02

Post #: 17205398
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Originally posted by zippy1 ↑

Kots0

I am not as surprised as yourself ... what is happening is what I expected and was posting saying a while back on the LOMOB threads (notwithstanding the fact that some did not understand or want to understand). Now that it is happening, it may make it a little easier (with hindsight) to understand.

Based on recent, foreseeable and expected future announcements, there is very little chance that LOM shares will drop below $0.30 ... and hence the LOMOB being exercised is beyond (great confidence) ... it is almost guaranteed.

In the current environment, great confidence would be the case if the exercise price of the LOMOB was $0.50 as opposed to $0.30 cents.

Zippy1

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At the moment, and as posted before.

The LOMOB (without a premium) are just an indirect way of buying larger parcels of LOM ... without putting too much upward pressure on the LOM share price.

Zippy1

LOM Price at posting: 46.0¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

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(20min delay)
Last 7.0¢		Change -0.001(1.41%)		Mkt cap ! $20.30M

Open	High	Low	Value	Volume
7.0¢	7.0¢	7.0¢	$7.007K	100.1K

Buyers (Bids)

No.	Vol.	Price($)
3	197820	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.1¢	27100	2

View Market Depth

No.	Vol.	Price($)
3	197820	0.070
1	14493	0.069
1	120000	0.068
1	15385	0.065
2	127722	0.064

Price($)	Vol.	No.
0.071	27100	2
0.072	108501	4
0.073	153356	2
0.075	19149	2
0.077	119786	2

Last trade - 13.47pm 31/07/2024 (20 minute delay)

LOM (ASX) Chart