LCY 6.67% 1.4¢ legacy iron ore limited

Wouldnt they spin off the rest. How can you spin off something...

  1. 99 Posts.
    Wouldnt they spin off the rest. How can you spin off something you dont have yet. Would they not release this information after we have aquired the 60%. And as for Haw no one knows what is going on. For all you know they might be getting free carried for 10%. I am hoping its an announcment regarding finance. Really want to know if they are giving Legacy a loan, or paying for there share and the rest of us shareholders pay for our 50%. Would asset spin off not be best done after all option conversion dates.
 
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