LNC 0.00% 99.5¢ linc energy ltd

trading halt, page-6

  1. 2,851 Posts.
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    I hate to say that I told everyone that Linc were running low on cash again and would need another capital raising.

    Thats why I previously posted all the cashflow information that was trashed and rubbished by nearly everyone.

    Anyway if its a share placement I suspect it will be at a big discount and will send the SP lower.
    If its debt it will depend on the terms of the deal.

    Luckily I'm only holding a few shares.
    I do agree though if they can do a SP at a reasonable price it will be good for the SP.
    We will all have to wait and see.
 
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