couldnt agree more.
Do you think the shareholders of Allied Mining and Processing Ltd complained when Andre "Twiggy" Forrest got all his shares in that company?
Probably.
They probably argued that it was dilutionary etc.
Well that was in 2000-2003.
That same company is now called Fortescue Metals.
Those same shareholders, if they held, would have seen their shares rise from about 5c to $60 before being split 10:1 to give shares worth about $6 now.
Yet, NMDC have a lot more going for them than when Twiggy first started out.
Let them take a stake and drive the projects with their money.
We are all along for the ride.
couldnt agree more.Do you think the shareholders of Allied...
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Last
0.8¢ |
Change
-0.002(20.0%) |
Mkt cap ! $78.09M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.8¢ | $1.517K | 173.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 5899711 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2129504 | 7 |
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| Last trade - 14.54pm 11/07/2025 (20 minute delay) ? |
| LCY (ASX) Chart |