Scott e I absolutely agree.
I believe the BOD is rewarding the original holders to hang in there with a chance to recover some or all of their money from a bad situation with the LOMOs expiring out of the money. It is a fair offer by the BOD as normally option holders would be left in the hole with their expired options.
I also agree that they are expecting the options to be in the money because of the ramp-upped operations and the lack of time for those results to kick in before Aug 29.
I have a large holding of the options and considered selling until the offer appeared. I congratulate the BOD as I believe it save saved me from a very large loss.
I don't think the BOD deserves all the brick bats it gets because look at where the operation was and what visible progress had been made up to a year ago and compare that with the position today.
I accept that I have not been part of the past pain but my research in assessing the company going forward is much more bullish that a lot of posters.
I think we are looking fairly promising with no significant bad news since Oct14 and plenty of very significant good.
The stock needs to be re-rated with a change of sentiment and I think we will all get our reward including the BOD with their shares and options. I hope they make a bucket load, because guess what that means for us.............
- Forums
- ASX - By Stock
- LOM
- LOMO Listing
LOMO Listing, page-83
-
- There are more pages in this discussion • 2 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
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $12.18M |
Open | High | Low | Value | Volume |
4.3¢ | 4.3¢ | 4.2¢ | $6.548K | 154.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 240000 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 112000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 240000 | 0.041 |
1 | 90000 | 0.040 |
4 | 537871 | 0.039 |
3 | 197211 | 0.036 |
3 | 381414 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 112000 | 1 |
0.045 | 38400 | 2 |
0.046 | 181600 | 2 |
0.047 | 124900 | 2 |
0.048 | 150000 | 1 |
Last trade - 11.08am 04/10/2024 (20 minute delay) ? |
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
LOM (ASX) Chart |