Newtolt:
What makes you think the HNWIs are selling. There are 12m LOMOA from the WG placement in July out there and there is no evidence of selling heads or options by the HNWI that I can see on the screen.
The other point is your question about "why are the HNWIs selling them in the first place??"
Answer are they?? and
If they are they are it is a pathetically small quantity and obviously they are in no hurry to sell. They are as scarce as hen's teeth which I would think is a sure sign that they believe in the LT story.
Quite often I think you make sensible comments.......... I'm afraid this one looks so far out of left field I am surprised you haven't thought it out a bit better.
LOMOA, page-13
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Last
5.6¢ |
Change
-0.004(6.67%) |
Mkt cap ! $16.24M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.6¢ | 5.5¢ | $47.36K | 820.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 280076 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 116300 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| LOM (ASX) Chart |