LCY 10.0% 1.1¢ legacy iron ore limited

The only one who imo would try to play with this , is someone...

  1. 6,048 Posts.
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    The only one who imo would try to play with this , is someone that wants to loose more money , LCY has no money left or very very little imo , hence the reason moving from expensive offices to some back room in west perth or subi , i wonder if they are looking for a new corner stone investor to dilute us again .LCY has become one of the worst managed companys on the ASX and there have been some very bad ones . we would be lucky to have a CR or RI at 1c imo and for those of us that renewed the options now realize why the indians did not , this mob has dangled so many carrots , that most of us have forgotten why we invested in LCY . The biggest Carrot was that our cornerstone investor where going to buy all these mining companys under LCY and what did we get Zero, they spent most of LCY funds to buy some green fields in qlds that had very little coal , so little that it was not worth reporting any more results , then we need to look at all the money waste by this management mainly on themselves , as the admin costs did not add up to what the company was doing , which was basicly playing solitaire in the office as imo not much has happened in 3 years since NMDC has been on board . All we have got for our money is big talk and NO action . i have stopped hoping as this company imo has NO hope
 
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Last trade - 12.19pm 04/12/2024 (20 minute delay) ?
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