LCY 3.33% 1.6¢ legacy iron ore limited

technical update, page-42

  1. 7,134 Posts.
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    imo i can not see 14.5 coming again , lcy has too much going for it now and people are taking notice , the only way we will 14.5 or any thing lower than 16.5 is if someone dumps 4 mil or more shares on the market , which apart from the top 10 on the list which includes nmdc and sharon (and purkis and burnbank which will get their shares canceled at the end of the month )
    nobody has that amount to sell unless they bought today in which they paid 17 to 19c and i dont think they wil sell for a loss when there is so much more to come with lcy .
    So the question is how can the sp go back to under 16.5 when lcy share are keeped tighly held by most investors??? , the worst i can see is that it keeps between 17 and 19 until some more ann come out ,imo only
 
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