LOM 2.33% 4.2¢ lucapa diamond company limited

Food for thought., page-27

  1. 5,809 Posts.
    lightbulb Created with Sketch. 3686
    bam,

    ""If they keep selling those options won't be worth hardly anything!!!""

    And if they are not exercised there will be less dilution. Either way it's a win win, which ever way it goes.
    Company gets money if they are exercised, less shares on issue if they are not.

    The company is not in desperate need of money from what I can gather. So the need of options being converted becomes less important in my opinion..
 
watchlist Created with Sketch. Add LOM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.