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-5

First 5 Last

Share
Profile

Follow
johnmor

30 Posts.

07/07/14

14:06

Post #: 13622183
Share

Originally posted by marykegeorge ↑

and I don't think NMDC can take up their half (app. $12 million worth) unless the offer is fully subscribed,
I think when they first came on board the agreement stated that they can only own app. 50% of the company,
so there contribution may perhaps be way lower than some of us think??

Expand

Must be big news coming.
Without news it will fail like last time.
Nobody in their right mind would take up the offer, after tge past few years of bogus announcements and failed leadership.
They do seem stupid, although they couldnt possibly be that stupid.

My guess is acquisition.

LCY Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 4 more messages in this thread...

First 5 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