LEG 7.69% 1.2¢ legend mining limited

Memories ...... Sirius discovery hole was 4m 3.8% NI and 1.4% Cu, page-45

  1. 75 Posts.
    lightbulb Created with Sketch. 40
    There might be over 2billion shares issued here with LEG.
    But with the increased stake by IGO to 15% this year.
    Simple maths (and some reading of the 2018 Anual Report below) will tell you (unless I am totally wrong) that between IGO, Creasy, Fox and Bailey there is well over 50% of the stock held very tightly and potentially until the end whatever that is. The next Nova or a take over make your pick!
    Look at the number of shares that will be likely/potentially be traded, and it shows a different picture as to what number of shares will be demanded versus supply on good results.
    Just some food for thought.
    DYOR.


    https://hotcopper.com.au/data/attachments/1868/1868364-343106b70d410c518f7d94f9696017d8.jpg
 
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