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2.22%

4.4¢ lucapa diamond company limited

I I think management have offered these options as they are...

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scott e

359 Posts.

16/08/15

10:39

Post #: 15814735
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Originally posted by akrotiri ↑

amol7
The reason why IMO the management have offered these New options is because they probably felt foolish of grabbing performance options at 30c themselves not expiring till May 2017 whilst shareholder 30c options will almost certainly expire worthless August29
I hold options and am not sure whether to hold them and let them expire worth;less and pick up half again at .001c
My opinion of the company that I initially saw as a good one for a retirement plan has receded this past year,as I cannot for the love of me understand why with all the progress made the SP has done nothing but head south
I suppose because I am still somehow a believer I will take up the New options and hope, just hope that Lucapa will still fulfil my hopes
Good luck to all with your decision

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I think management have offered these options as they are pretty sure they will be in the money come April next year , thus providing the company funds (from conversion of the oppies ) to ramp up mining and exploration .
They must have predicted this is a time when they will need to inject more cash into operations , otherwise why issue new options until April and not a year from now ????
thats my view anyway ….

GLTA

LOM Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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Last 4.4¢		Change -0.001(2.22%)		Mkt cap ! $13.05M

Open	High	Low	Value	Volume
4.5¢	4.5¢	4.4¢	$1.098K	24.50K

Buyers (Bids)

No.	Vol.	Price($)
2	47093	4.4¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	31957	2

View Market Depth

No.	Vol.	Price($)
2	47093	0.044
1	39143	0.043
1	214567	0.042
1	25000	0.040
1	15000	0.037

Price($)	Vol.	No.
0.045	31957	2
0.049	24697	1
0.050	3600	1
0.053	100000	1
0.055	30000	1

Last trade - 13.20pm 29/08/2024 (20 minute delay)

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