The fact is that NMDC was prepared to pay LCY just under $9 million dollars for 50% of the company. But the market is valuing LCY at 30 odd million dollars. Before doubling the amount of shares on issue.
Why the discrepancy? Potential. See the potential in the LCY announcement? It's there if you look for it.
read between the lines, page-26
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $97.62M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $5.702K | 590.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 167920 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2505287 | 8 |
View Market Depth
| Last trade - 12.20pm 01/01/2025 (20 minute delay) ? |
| LCY (ASX) Chart |
