LCY 0.00% 1.0¢ legacy iron ore limited

market heavyweight RIO TINTO and LCY, page-28

  1. 4,967 Posts.
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    This entity registered as Legacy Iron Ore limited (not NMDC) has only approx $7m in cash which will buy what?
    after that dilutive destructive CR where will the funds come from to do anything?
    Will they do another CR to take the shares on issue and further dilution to the stratosphere
    don't tell me they still have the $200m LOC
    oh.... its just another bad dream...lol
    Last edited by pilatus: 28/09/15
 
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