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LUM 2.3¢

high volume, but not in the options

  1. watso

    20,364 Posts.

    following a report from lumacom, this moring, there has been steady trading, all day in the shares. at the time of writing, over 900,000 shares have been traded. for the options however, there has been one solitary trade of 100,000 shares. maybe i am wrong, but i would think that there is a chance that there may be overseas buying for the shares. overseas buyers, do not like options, because of exchange rate problems, when converting the options. of course, there are most likely other reasons as well.

    by the end of the day, i would think that there would be over one million shares traded

    happy punting

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