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1.5¢ legacy iron ore limited

Thanks. Don't think that will happen.

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Bobbin

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31/03/24

22:00

Post #: 73132342
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Originally posted by Cooksbooks: ↑

my major concern, which I hope to be unfounded, is that NMDC may look at the balance of shareholders - us - and see a bleed of 8% of the profits they woukd like to attain for themselves.

As a mineral development company, they also want the resources LCY will produce. As they ore passes out of their hands through Padbury, I percieve an opportunity for them to discretely arrange a deal with Padbury that is favourable to Padbury and gets gold to NMDC at a favourable price and leaves LCY with the appearance that cost of production is 'higher than expected', so no dividends issued.

Again, I hope to be wrong but with the level I have sunk myself into Legacy, I have begun to see disaster around every corner despite all the obviously positive developments.

i can only hope my experience is not uncommon: a product of the risk-averse facet of oneself trying to escape the closet it has been locked in.

I wouldn't fault the NMDC for trying to work a better angle, but I want my dividends!

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Thanks.
Don't think that will happen.

LCY Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

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(20min delay)
Last 1.5¢		Change -0.001(6.25%)		Mkt cap ! $123.4M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.5¢	$389	25.22K

Buyers (Bids)

No.	Vol.	Price($)
5	1586351	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	1063025	2

View Market Depth

No.	Vol.	Price($)
5	1586351	0.015
1	15876	0.014
5	952485	0.013
3	1441253	0.012
2	91001	0.011

Price($)	Vol.	No.
0.017	1063025	2
0.018	1309569	6
0.019	117632	2
0.020	536667	1
0.021	391357	3

Last trade - 16.10pm 08/05/2024 (20 minute delay)


Last 1.6¢			Change -0.001 ( 6.67 %)
Open	High		Low	Volume
1.5¢	1.6¢		1.5¢	88814
Last updated 15.35pm 08/05/2024 ?

LCY (ASX) Chart

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