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
LOM Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
