LCY legacy iron ore limited

can someone explain this

  1. 813 Posts.
    'This means that eligible shareholders who do not wish to take up all or part of their entitlement can seek to sell all or part of their entitlement on ASX in order to realise value for that entitlement'.

    does this mean we get allotted shares we don't initially pay for on a 3-1 basis. then can trade them for a week and what we have left we can renounce or pay for.

    if so then this will send the SP to 0.05c as everyone will want to get rid of their shares.

    i dont understand. reading the timeline we don't actually have to pay for any shares until start of August ??
 
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(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $78.09M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $1.331K 166.4K

Buyers (Bids)

No. Vol. Price($)
1 31654 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 2212782 6
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Last trade - 14.52pm 18/09/2025 (20 minute delay) ?
LCY (ASX) Chart
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