what we are seeing is a taste of how the SP of this stock will rise when it finally hits.
most companies go up and down on earnings revisions and announcements, a few percent either way.
what we have is a goose that lays golden eggs. this means that (relatively) very few people will want to sell when the proverbial ship comes in (initially).
the index funds will have a real problem getting set in this stock- particularly when we push towards ASX100 territory.
we'll see massive swings in SP, but some days we will see a few dollars in SP appreciation, simply due to the dearth of sellers
LNC Price at posting:
$4.59 Sentiment: LT Buy Disclosure: Held