The LOMOB price is irrelevant for those that will be (and are capable of) exercising them. Any movement in the LOMOB value is simply a paper gain ... or in this case loss (be it more significant than LOM).
Obviously a different story for the LOMOB traders.
Downward pressure on LOM shares may be in order for accumulators to buy LOM cheaply and indirectly via LOMOB panickers (i.e. the LOMOB traders / speculators).
The accumulators are in essence indirectly buying LOM shares today for $0.37 cents, by buying LOMOB at $0.07. They are not having to wait in the LOM queue for the price to drop to $0.37 cents ... if the LOM price actually gets that low.
Zippy1
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.15M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 3.5¢ | $15.69K | 447.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37332 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37332 | 0.035 |
1 | 85000 | 0.034 |
1 | 210000 | 0.033 |
1 | 10000 | 0.032 |
1 | 200000 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 20000 | 1 |
0.046 | 150000 | 1 |
0.053 | 100000 | 1 |
0.055 | 30000 | 1 |
0.062 | 120000 | 1 |
Last trade - 14.19pm 11/09/2024 (20 minute delay) ? |
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LOM (ASX) Chart |