LCY 0.00% 1.3¢ legacy iron ore limited

Yes, daytraders need to exit, that's their mode of...

  1. 238 Posts.
    Yes, daytraders need to exit, that's their mode of operation.

    With LCY being worth well north of $0.35; quite possibly even double that, regular holders will find as the market becomes fully aware of what is going on at Mt Bevan, Hamersley, Robertson Range & the NMDC deal there will be a re-rating.

    Of course there is risk; ... until the price is made public and secondly not until the deal is complete is value fully achieved.

    However, even over the next 2 or 3 weeks it would be reasonable to expect a much higher price than today's day trader's quick profit / exit price.

    Today is a day to celebrate the beginning of something very big. 60 days or less to complete this first stage of building a very significant miner. Congratulations to Legacy management, directors & key shareholders.

    Rewards come to the patient stakeholders.

    Great chance for investors while short term holders are taking their profits. We may also see some serious volume trading activity too - over the next month or so.
 
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Last
1.3¢
Change
0.000(0.00%)
Mkt cap ! $100.2M
Open High Low Value Volume
1.3¢ 1.3¢ 1.3¢ $1.82K 140K

Buyers (Bids)

No. Vol. Price($)
9 1035607 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 75448 1
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Last trade - 15.21pm 28/08/2024 (20 minute delay) ?
LCY (ASX) Chart
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