LOM
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4.76% 4.0¢ lucapa diamond company limited

Options SP Lesson

  1. JawDropper
    7,302 Posts.
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    20/04/16
    21:24
    Post #: 17560407
    Well again we see how options drag back the SP to their exercise price as their expiry approaches. Another poster today said that this is usually par for the course as far as oppies are concerned which begs the question...

    What are the LOMOA going to do to us come their expiry. Are we going to see LOM SP dragged back to near 20c.
    Whoa, now that is a really scarey prospect. Just me joining the dots. I hope I joined the wrong dots.

    I, like all of us want to see this get well over 50c and stay there...
    but those nasty LOMOA might have a different idea...

    BOD sure love their oppie strategy...
    LOM Price at posting: 32.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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4.0¢ 		Change
-0.002(4.76%) 		Mkt cap ! $11.60M
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