LOM 4.55% 6.3¢ lucapa diamond company limited

Hexham, Thanks for researching BOD and LOMOB ownership ... I was...

  1. 510 Posts.
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    Hexham,

    Thanks for researching BOD and LOMOB ownership ... I was obviously thinking from a Miles perspective when I had the perception that LOM BOD had heaps of LOMOB.

    ... Capital Gains tax discount and the fact that it will not apply to any LOMOB's which are sold is a very relevant factor in myself exercising all my LOMOB (on the basis that LOM shares are over $0.30 cents ... or I would be unable to buy an equivalent amount of LOM shares as LOMOB options that I hold).

    Yes, LOMOB are riskier ... but it comes down to the good 'ol - "Higher risks is associated with potentially higher return" ... I just don't see this (in my perspective) as risky as others do ... when considering the potential benefit / gain (via leveraging).

    GLTAH and hope you do well in all your LOM (and other) investments.

    Zippy1
 
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Last
6.3¢
Change
-0.003(4.55%)
Mkt cap ! $18.27M
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6.5¢ 6.5¢ 6.1¢ $22.58K 360.4K

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No. Vol. Price($)
1 186345 6.3¢
 

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6.6¢ 100000 1
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Last trade - 15.57pm 21/06/2024 (20 minute delay) ?
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