"Example: If LOM shares went to $0.80 before April 2016 ... your profit would be $65 k ($50 k from LOMOB and $15 k from LOM) ... as opposed to $40 k if all $40 k were only invested in LOM."
Zippy:
I don't totally disagree with your perception except for one point.
If the shares go back to 30c and you haven't sold your LOMOBs then at April 29th you wont need to exercise and you have lost 100% of your money.
Don't get me wrong, and I have a substantial LOMOB holding, but new investors may not be aware of the risks and they may only look at the gearing benefit of an upside.
The important thing is that investors consider both sides of the coin.
- Forums
- ASX - By Stock
- LOMOB
"Example: If LOM shares went to $0.80 before April 2016 ... your...
-
- There are more pages in this discussion • 166 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
|
|||||
Last
5.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.50M |
Open | High | Low | Value | Volume |
5.0¢ | 5.1¢ | 5.0¢ | $10.07K | 201.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10557 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.1¢ | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10557 | 0.050 |
1 | 70000 | 0.049 |
2 | 600000 | 0.048 |
1 | 150000 | 0.047 |
1 | 40000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.061 | 15000 | 1 |
0.062 | 120000 | 1 |
0.065 | 80000 | 2 |
0.069 | 116000 | 1 |
0.070 | 6780 | 1 |
Last trade - 15.40pm 20/08/2024 (20 minute delay) ? |
Featured News
LOM (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online