first liquids, page-26

"Linc Energy would also like to announce that it has successfully completed a $17m (seventeen million dollar) placement today. The monies will be used to ensure that Linc Energy maintains its very healthy balance sheet and working capital budget on the back of the settling of the SAPEX Merger which will be completed later this week."


BUT, we may have to wade through these guys taking profits, I'm not so confident of a $4 close now....