Here we go - 'LOMs to the slaughter'.
I'm pretty new to this game of options, but have held LOM for some time.
I'm wondering why SP seems to be held below LOMO + 0.30 for whole period since options issued.
You see each little burst pushed down.
Is this a management thing to maintain a ceiling, and stop LOMO being converted to real shares ?
Real shares would be at the will of the market, and could be driven way down by lack of good news.
This would seriously affect Market Cap.
Once ML is issued, obviously there will be a pump and dump but my feeling is things will still rise over 0.50 and only then options will start to be converted.
Obviously to begin mining, a huge cash injection would be needed, and without a lot less options, capital raising would be required.
And that would take the wind out of the sails.
To me the timing of conversion is critical.
Heading for the bunker now........
- Forums
- ASX - By Stock
- LOM
- LOM options
LOM options
-
- There are more pages in this discussion • 75 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LOM (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.1¢ |
Change
-0.001(2.38%) |
Mkt cap ! $12.18M |
Open | High | Low | Value | Volume |
4.2¢ | 4.2¢ | 4.1¢ | $11.23K | 269.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 268907 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 202415 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 268907 | 0.040 |
3 | 227000 | 0.039 |
1 | 260000 | 0.038 |
3 | 197211 | 0.036 |
1 | 285714 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 202415 | 1 |
0.044 | 147785 | 2 |
0.045 | 57800 | 2 |
0.046 | 181600 | 2 |
0.048 | 150000 | 1 |
Last trade - 11.53am 27/09/2024 (20 minute delay) ? |
Featured News
LOM (ASX) Chart |