LNC 0.00% 99.5¢ linc energy ltd

brisbane information meeting, page-7

  1. 9,580 Posts.
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    Thanks for the info Imbiber,

    My question is: How do you come up with a $2 share placement. Any hints for this valuation ?

    The shorters (likely big boys) shorted below $1.2 with large volume. They better start recovering now if your $2 placement is for real...


    "My view is that there will be a number of positive announcements prior to the delisting on ASX which should push up the S/P and so allow PB to ask new S/Hs to pay $2+ for the new shares which could be 50M max. I didn't hear any negative comments/questions at the meeting."
 
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