LNC linc energy ltd
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peter, do you want to know why?, page-21

  1. danhold
    2,000 Posts.
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    15/05/12
    19:24
    Post #: 10178721



    Announcement made at $4.50 providing LNC with 60 M plus $60 M


    However deal is not ratified.


    A deal is a deal only when money is in the bank.


    There is no money in the bank yet!


    How is the Chinese company going to explain paying 4.5 times more than the spare price to their shareholders?

    In Australia you have shareholders meetings in China you maybe jailed for overpayment or even shot LOL


    LNC Price at posting: 79.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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