LOM 2.44% 4.0¢ lucapa diamond company limited

Exercising your LOMOS, page-24

  1. 7,302 Posts.
    lightbulb Created with Sketch. 770
    "if lom hits 86c u double ya ccash
    Lomo will roughly be 30c cheaper than lom"

    so that makes them worth 56c going along with your logic
    so if LOM hits $2 they will be worth $1.70 - right? - WRONG!
    why pay 1.70 (+30c=$2), there needs to be an incentive as these things have a use by date.

    buying LOM at say 50c and selling for $1 you double your money - you make 50c
    buying LOMO at 20c and selling for 70c you more than triple your money but you still only make 50c

    Remember...

    LOMOs don't attract loyalty options

    LOMOs expire August 2015 - then they are worthless

    LOMOs are far more difficult to find a buyer for, and that will worsen the nearer their expiry date

    What do others think?
    Last edited by JawDropper: 24/06/14
 
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