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0.00% 6.5¢ lucapa diamond company limited

Ann: Mothae Diamond Project - Funding Update, page-25

  1. LOMNewby
    22 Posts.
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    26/05/17
    09:47
    Post #: 24924681
    I am a mum & dad investor that got sucked into LOMOA at cost base of 29 cents, can anyone explain what this means for me?

    A $9.2 million underwriting agreement with Westar Capital Limited (“Westar”) for the 46.2 million listed A$0.20 options due to expire on 30 September 2017 (“LOMOA”). Westar will earn a 5% underwriting fee, due at the LOMOA option expiry date, and a 1% management fee, due on signing. Westar’s sub-underwriting agreements were supported by Lucapa’s two largest share and option holders.
    LOM Price at posting: 30.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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