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1.45%

7.0¢ lucapa diamond company limited

LOMOA, page-44

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ecat88

661 Posts.

54

12/11/15

17:19

Post #: 16382784
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Originally posted by RDL ↑

LOMOA price action not that unbelievable. All about the leverage and time value.

I've been running the ruler myself over LOMOA as i believe the time frame to exercise is more than enough for the LOM sp to go for a good run. And if you believe that, then hey, you would want the largest exposure possible, so why not sell do something like sell LOM and buy LOMOA.

I think the LOMOA push is probably someone who has sold LOM, and too nervy to stay out of the market, and has hence used LOM proceeds to instantly purchase whatever LOMOA were available up to a reasonable price.

EG: sell 200,000 LOM at 30c, buy 333,333 LOMOA at 18c. Just increased your exposure to Lucapa as a company by two-thirds for zero additional outlay (right now).

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Yes, but you also need to take into account CGT.
If you have the heads that you bought much earlier, you can get 50% CGT discount if you hold for greater than 1 year from when you bought them.
But the CGT countdown only begins for the options on the day that you exercise them.

LOM Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.0¢		Change 0.001(1.45%)		Mkt cap ! $20.01M

Open	High	Low	Value	Volume
7.0¢	7.1¢	7.0¢	$20.28K	289.5K

Buyers (Bids)

No.	Vol.	Price($)
1	1000	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	19943	1

View Market Depth

No.	Vol.	Price($)
1	1000	0.069
2	68893	0.066
1	100000	0.065
2	197103	0.064
1	15850	0.063

Price($)	Vol.	No.
0.070	15763	1
0.071	20000	1
0.073	10000	1
0.074	150000	1
0.077	70000	1

Last trade - 10.15am 16/07/2024 (20 minute delay)

LOM (ASX) Chart

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