LCY
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0.00% 1.7¢ legacy iron ore limited

trying to make sense of it...., page-2

  1. Trade4Profit88
    10,033 Posts.
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    21/12/11
    13:58
    Post #: 9471453
    "1. HAW to own 100% of MtBevan only - the remainder of HAW assets to be spun off, which LCY holders won't participate in?"
    not 100% right,imo. Legacy already own 250m HAW shares or 14% of total company, so LCY holders will be participated in the spun off indirectly, and should receive the new shares if in-specie the 60% shareholding it would hold in Hawthorn back to Legacy shareholders.



    LCY Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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