LNC
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0.00% 99.5¢ linc energy ltd

cxy trading halt, page-15

  1. david115
    689 Posts.
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    21/02/13
    17:51
    Post #: 11450809
    MrMc & Szaba,

    Sounds to me like we need to buy OCG.

    RA is already in there, and we 'could be' an unannounced strategic holder.....

    90M shares 30.6.12, and 24.5M more issued Dec12. Current SP 164.5p. $A/GBP= 67.4c. MC A$280M.

    $300M from Arkaringa JV? I know, I need a reality check :-)
    LNC Price at posting: $2.24 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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