LCY 0.00% 1.3¢ legacy iron ore limited

read between the lines, page-18

  1. 4,709 Posts.
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    I was thinking of topping up at 12c but might wait it out. Obvs I wasnt looking forward to this announcement given what I expected but to minimize the damage topping up might help. Keep in mind the PDF from what I could read in 30 secs ( at work) and I couldn't read the PDF on the train (no wonder my crummy 3G didn't load... 70+ pages!!!) that it states ndmc has already counted the increase to 60% of mt bevan, incase there are some thinking there will be an increase in the offer if we make this milestone. Given the boards approval I guess the only main plus from hitting 60% is future sp appreciation. Short term wise regarding just this offer it looks like were stuck. Not the best times ATM all around the markets. Someone stop the hemorrhaging! Haha
 
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