Reality is ... you would be unable to sell a significant number of LOMOB options or buy a significant number of LOM shares without significantly impacting the price of both (LOMOB downwards and LOM upwards).
The buy price for most LOMOB holders is $0.001 cents.
Former LOMO buy price is irrelevant (now) as these have already expired and capital loss realised.
If you have a significant number of LOMOB ... even if LOM fall below $0.30 cents ... it's worth exercising LOMOB at $0.30 cents ... as there is no way you could buy that many LOM shares without outing significant upward pressure on LOM share price.
LOM share price and downward movement is frustrating and illogical ... but don't panic and stick to your plans.
GLTALTH,
Zippy1
Reality is ... you would be unable to sell a significant number...
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Last
6.3¢ |
Change
-0.003(4.55%) |
Mkt cap ! $18.27M | |||
| Open | High | Low | Value | Volume |
| 6.5¢ | 6.5¢ | 6.1¢ | $22.58K | 360.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 186345 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.57pm 21/06/2024 (20 minute delay) ? |
| LOM (ASX) Chart |