LOM 0.00% 6.5¢ lucapa diamond company limited

Ann: Appendix 3B-LOM.AX, page-17

  1. 227 Posts.
    What are you talking about!!

    Yes, they paid a bit extra for it, but what they paid for the option has no relation to the exercising of the options. This is in relation to your comment saying that you cannot see much more being converted, unless someone bought them for around 4c. You are saying the purchase price of the option affects the conversion of the option. I give up, theres a reason i'm not a teacher.

    Akrotiri
    "Nothing much actually, there is still around 14 million out there,but the way the SP is falling I cannot see much more being converted, only those that got them around 4c have a chance right now unless a spectacular announcement comes to the rescue"
 
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