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4.76%

4.0¢ lucapa diamond company limited

At the moment, and as posted before. The LOMOB (without a...

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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 4.0¢		Change -0.002(4.76%)		Mkt cap ! $11.60M

Open	High	Low	Value	Volume
4.2¢	4.2¢	4.0¢	$2.578K	64.44K

Buyers (Bids)

No.	Vol.	Price($)
1	55572	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	3000	1

View Market Depth

No.	Vol.	Price($)
1	55572	0.040
1	77958	0.039
1	45446	0.038
1	100000	0.037
1	83360	0.036

Price($)	Vol.	No.
0.042	3000	1
0.043	220000	1
0.045	20000	1
0.046	145000	1
0.053	150000	1

Last trade - 15.32pm 12/11/2024 (20 minute delay)

LOM (ASX) Chart