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1.1¢ legacy iron ore limited

The most undervalued IO stock on ASX!?, page-50

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2008wack

502 Posts.

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06/03/18

17:50

Post #: 31567054
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Originally posted by gaza1234 ↑

Wack that thread you have created a link to is from 2013 when everything sounded wonderful we were promised the world as share holders, our major share holder had billions to spend burning a hole in there pocket just a matter of when they were going to buy something not if, five years latter they own another 30 percent of the company and completely control the board and still have not spent one cent on buying any asset of any substance at all. you have to wonder if they are more interested in devaluing the company rather than adding value by basically doing nothing you only have to look how long it is taking them to drill near St.George are they worried they might find something and the share price will go up?

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Thanks for the info,It is quite weird indeed; why this stock was held low thus far after all these acquisitions? my assumption is gamed played by brokers? I am reading this rumor that we may exclude from the US steel tariff? ? that ;if correct ; may act as a catalyst for NMDC investment if they set the platform right here in Oz??

Time will tell,good luck to all new and old holders !

https://www.theguardian.com/austral...snt-know-if-steel-tariff-applies-to-australia

Cheers,

Wack

Last edited by 2008wack: 06/03/18

LCY Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $100.2M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$5.096K	463.2K

Buyers (Bids)

No.	Vol.	Price($)
2	40680	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	1137379	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 - 12.04pm 29/11/2024 (20 minute delay)

LCY (ASX) Chart