LCY 0.00% 1.3¢ legacy iron ore limited

Ann: Convertible note information , page-4

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  1. 21,239 Posts.
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    two cents is a nice round number. Heng is going to have to dig deep to keep up current 'support'. I see no reason why there will not be further falls. LCY itself has no money except for loans and little prospect of any further capital support from the market which rejected the previous attempt at cap raising. That situation is unlikely to change IMO.

    it's all up to the Indians.... god help us.

    I think the thing that riles most punters and the market for that matter is the gap between what was 'promised' on many many occasions and what has been achieved - nothing of much substance. I've lost on plenty of stocks which didn't make it for one reason or another but never before on a stock which failed, as I see it, due to internal reasons. I definitely feel dudded even though I retain only a fraction of my original position. So much promise, so little delivered.



 
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