I see where your coming from Szaba but from the outset PB stated they are focusing on Strategic value from cornerstones . At The Sydney info session pre EGM he emphasised the importance on getting contacts and doors opened via cornerstones than the money any prospective cornerstone could bring to the table and thats what he's done on this occasion.
Genting will, IMO, unlock opportunities for Linc that will more than offset the
short term pain of the move ….. and just as Aussie's are parochial investor's so too are the Asians, may not be politicly correct to say this but we all feel better doing business with our own home boys so to speak, thats where Genting step in ….. and lets face it, for what ever reason Linc was having no luck in attracting local invesment ( an all to common story in Aust )
I have the feeling that Linc maybe getting assessed under the same criteria some would apply to a blue chip.
If so that’s fine but compare Lincs performance to that blue chip at the same chronological stages of lifecycle. Linc’s been on the market less than 10ys and cap raising is an Issue? Failed deals are an issue ?
Show me one Small Cap, Midd cap or Blue chip that has not raised capital via share issue in it’s life time or one that even today, does not suffer the indignity of a deal falling through …... It Is part and parcel of a companies existence and as long as it’s not excessive ….all is good
Question now is …..is it excessive of Linc in it's infancy to be pursuing these deals …. I'd say no ….. a bit of the 'He who dares wins' IMO it’s what makes a company great
Cheers …. J
PS: Sorry about the Fluff Anyones … ?
Add to My Watchlist
What is My Watchlist?