how are the shorters nerves?, page-19

Lnc my need to tap the equity market to raise capital to 1) repay the $100 m facility due next year 2) dilute the influence of the no 1 shareholder 3) enhance the balance sheet With a market cap of just $275 m it may have broken loan cover requirements Equity raising is certainly not off the table as Lnc will need to restore it's debt to equity ratios to suggest otherwise is fool hardy. Reading the ERG suit this morning Is no more than a storm in a tea cup. Lnc will be I'm the green today