LCY 0.00% 1.1¢ legacy iron ore limited

Somebody sees value

  1. 3,538 Posts.
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    I sense an entity or a solid investor accumulating at cash value - which is exactly where we are trading at the moment - 0.6 cents @ $8 million marketcap

    This gives us an EPV of $0.

    The accumulator seems happy to take the shares from weak hands. Perhaps they are looking at the long term prospects.

    Here's a reminder of the long term:

    - nmdc requires more than triple the amount of current production by 2019-2010

    - the price of iron ore will eventually rebound as with all major commodities


    Buy when others are fearful.

    Above IMO
 
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Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $100.2M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $2 200

Buyers (Bids)

No. Vol. Price($)
3 60680 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1137179 2
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Last trade - 10.04am 02/12/2024 (20 minute delay) ?
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