LEGACY IRON ORE LIMITED
ASX:LCYMaterialsRunway under 2 quarters; share count grew 27% in 24 months
Between March 2024 and November 2024, its latest share-count filing, LEGACY IRON ORE LIMITED’s ordinary shares increased 26.6% to 9.76B. The company has not raised capital through any placement, rights issue or share purchase plan in the 24-month window. No options or rights are on issue. The company has under 2 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 3
How much placement capacity does LCY have left?
None of the 15% placement capacity counted as used in the last 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
How much cash does LCY have?
In its quarterly cash report for the quarter ended 30 June 2026, Legacy Iron Ore reported $6.4M of cash and estimated 3.0 quarters of funding available at its current rate of spending. That is the company's own estimate.
How much has LCY's share count grown?
Legacy Iron Ore has 9.76B shares on issue as at 28 Oct 2026, up 26.6% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 3 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 21 Nov 2024 | 2A · quoted issue | LCY : ORDINARY FULLY PAID | 9.76B | Appendix 2A |
| 6 Nov 2024 | 2A · quoted issue | LCY : ORDINARY FULLY PAID | 9.73B | Appendix 2A |
| 5 Mar 2024 | 2A · quoted issue | LCY : ORDINARY FULLY PAID | 7.71B | Appendix 2A |
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
Forward supply
Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.
Placement capacity
How much stock a company can place without asking holders. Listing Rule 7.1 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.