LCY 0.00% 1.3¢ legacy iron ore limited

lcy taking over haw, page-17

  1. 845 Posts.
    lightbulb Created with Sketch. 3
    The thing I don't get is why don't LCY just wait for HAW to fall as they run out of cash instead of paying a premium of 0.015 when the share price before the announcement was 0.009? What's the rush?
 
watchlist Created with Sketch. Add LCY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.