LCY 0.00% 1.3¢ legacy iron ore limited

read between the lines, page-8

  1. 21,239 Posts.
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    initially disappointing cash figures though it remains to be seen what the 'fringe' benefits of having NMDC on board really are - the market had it right during the interim trading when it touched 18.5c? - my only reservation? that NMDC have Indian government associations - would have preferred that LCY was dealing with a purely private enterprise outfit, you've no idea what Indian beaurocracy really means.....

    sp will probably take a while to stabilise, and who's to say the offer will be accepted by major shareholders? though it probably will.....


    overall though not a great outcome - even by my standards.....




 
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