Australia's largest stock trading and investment forum Australia's #1 stock forum

LCY

Click for more information

10.0%

1.1¢ legacy iron ore limited

can someone explain this, page-3

First 3 Last

Share
Profile

Follow
cal50

6,048 Posts.

28

07/07/14

13:02

Post #: 13621736
Share

Originally posted by ThePiedPiper ↑

The way I read it, you will receive 3 new entitlement shares for each LCY share you own. The entitlement shares might be called LCYR and will be tradable. The LCYR give the owner the right to buy shares in LCY at 1.4c. LCYR might trade at 0.001 or 0.002 if there are any buyers.

Expand

Thats the million dollar question , will there be buyers ??? and then if not who will take them up appart from NMDC and HENG ??? or will it get knocked on the head like last time ??

LCY Price at posting: 1.8¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 6 more messages in this thread...

First 3 Last

Add LCY (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change 0.001(10.0%)		Mkt cap ! $100.2M

Open	High	Low	Value	Volume
1.0¢	1.1¢	1.0¢	$1.241K	120.8K

Buyers (Bids)

No.	Vol.	Price($)
1	10231	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	1059536	2

View Market Depth

No.	Vol.	Price($)
2	440012	0.003
12	10561995	0.002
10	18900000	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	3287250	5
0.005	2283158	4
0.006	1326530	5
0.007	890736	3
0.008	519875	3

Last trade - 12.19pm 04/12/2024 (20 minute delay)

LCY (ASX) Chart