LNC 0.00% 99.5¢ linc energy ltd

2 wells cedar hor and re at kirby, page-37

  1. 115 Posts.
    LNC, you are so wrapped up into this P.Bond lending of shares to C.S. The bottom line is ,regardless of time frames or what P.Bond says, he never should have loaned shares to C.S., who was known to be one of the largest short sellers during our time on the ASX and highly responsible for the share price volatility that P.Bond stated was one of the reasons for the move to the SGX. If you go back into Nov and Dec. ASX documents and look at what C.S. was doing as far as buying and selling of Linc shares,between all of their world wide branches, it becomes obvious that they were the largest reason for the huge price movements on the ASX and were manipulating the price to fit their plan for that week. P.Bond was well aware of all of this, more so then any of us, and he lends them shares.It also allows C.S. to use those loaned shares for any purpose they like on the SGX as they are not on lock down for 6 months . Regardless of ones opinion of Mr. Bond, it was not a good move. My opinion only!
 
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