LCY legacy iron ore limited

why the deak is worth 12 cents per share, page-3

  1. 6,109 Posts.
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    NMDC paid $19m for new share issue and not buying from existing share. So after the deal, LCY has that extra $19m cash but NMDC is 50% share of the company therefore basically they are still the owner of $9.5m. They effectively give $9.5m cash to existing share holder, and $9.5m is half of the company, as it see it is worth. Therefore right now, it see LCY worth $19m.
 
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(20min delay)
Last
0.8¢
Change
-0.002(20.0%)
Mkt cap ! $78.09M
Open High Low Value Volume
1.0¢ 1.0¢ 0.8¢ $1.517K 173.7K

Buyers (Bids)

No. Vol. Price($)
13 5899711 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 2129504 7
View Market Depth
Last trade - 14.54pm 11/07/2025 (20 minute delay) ?
LCY (ASX) Chart
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