My guess the reason this is being played is because someone is trying to accumulate.
I see from the Co's website they have released a new Brokers Research Report. Hope it gets its due recognition and circulation from the Broking Firms.
http://www.legacyiron.com.au/LCY%2024%20May%202011%20Update.pdf?id=135
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wall street journal, page-29
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