LCY 0.00% 1.1¢ legacy iron ore limited

The only reason I follow this stock is there are only a small...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 259 Posts.
    The only reason I follow this stock is there are only a small amount of shares held that are tradeable by retail investors. NMDC have the vast majority of shares now and I cant see them trading them for fear of losing control and I suspect their ultimate aim is a complete buy out at ridiculously low prices which is why they are waiting us all out.
    I have absolutely no confidence whatsoever in the management and their "maximising of shareholders wealth". Remember that old mantra? They are only in it for themselves. Having said that, there are possible trades here based on market reaction to neighbouring tenements including gold, but as far as management moving this company along........highly dubious.
 
watchlist Created with Sketch. Add LCY (ASX) to my watchlist
(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
Last trade - 12.04pm 29/11/2024 (20 minute delay) ?
LCY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.