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.
LNC Price at posting:
$2.67 Sentiment: None Disclosure: Held