LCY 0.00% 1.3¢ legacy iron ore limited

lets try and look at some positives ( I know we are all angry...

  1. 96 Posts.
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    lets try and look at some positives ( I know we are all angry and feel betrayed by this mob) the rights issue will go ahead, they will have 9 million dollars once they pay off the loan, the consequence will be the indians will own over 3/4 of the company, the only positive on this is these shares that will not finish up on the market so tradeable shares will change a minimal amount.
    Because they own 3/4 of the company they may be more inclined to buy assets into legacy because they have total control, the only concern is if they still take us for the ride or we get flicked out along the way for peanuts
 
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