LOM 0.00% 6.0¢ lucapa diamond company limited

lomoa option buying?

  1. 10,459 Posts.
    lightbulb Created with Sketch. 2074
    There is a big buyer or two buying up the lomoa dec 2013 2 cent options as of late.
    With the heads trading at 0.008 cents it is a bit of a surprise to me and there can only be two reasons for this,holders are selling heads to buy twice as many options or someone plans to take up a major holding in the company.
    I would not be surprised if there is a small rush for some of the shortfall as you could make 20% profit at the moment.
    The interest in the options shows confidence in the company and I have seen this many times before where a move is made on the options before a spike in the heads.
 
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