JawDropper,
Firstly I commend you on your posts, which are not only correct, but show no emotional attachment to the LOM.
I at one stage was emotionally attached to the story, but like yourself, hopeful.
I totally agree with your post and beleive (without significant news) the share price will drop further post CR.
This being the case, I will not be participating in CR and contributing 5 cents now ... but would rather use these funds to only buy the options ("sweeter") directly on the market. If the options are 0.005, which sounds about right, I can buy 10 times more options (and hence potential shares in 2 years time) for the same money, which in more in line with my hopeful wishes for the LOM story to be a success.
As some of you know, I have been badly burnt by holding LOM options which expired years ago ... but willing to tale the risk again, to either lose a small amount of money, or "hopefully" recover some of those losses.
Remember if share price goes up, we will all do well ... CR participants slightly more than non-participants, but a 1:5 (20%) share price increase is minimal (currently 1 cent) can easily be reflected and recovered in the depressed current share price, compensating the non-participants for their dilution without having risked and further funds.
GLTAH and stay safe and happy,
Zippy1
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Last
5.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.50M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 5.0¢ | $9.609K | 192.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19500 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 2337 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19500 | 0.050 |
1 | 70000 | 0.049 |
1 | 100000 | 0.048 |
1 | 150000 | 0.047 |
1 | 40000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 2337 | 1 |
0.060 | 22500 | 1 |
0.061 | 15000 | 1 |
0.062 | 120000 | 1 |
0.065 | 80000 | 2 |
Last trade - 10.44am 20/08/2024 (20 minute delay) ? |
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