LNC linc energy ltd
Add to My Watchlist 0.00% ! 99.5¢

why share placement

  1. Weihuawang
    1,015 Posts.
    clock Created with Sketch.
    14/10/08
    23:12
    Post #: 4389723
    I am still wondering why LNC made share placement at $2.90 to raise money, if they can sell the coal license to China successfully.

    So today's announcement looks bearish to me as LNC unlikely get $1.5B from China.

    Any thing wrong here?
    LNC Price at posting: $3.70 Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist
right-arrow Created with Sketch.
NEWS Mandalay Resources Discovers High-Grade Skarn and Provides Update on Near Mine Exploration at Björkdal
right-arrow Created with Sketch.
NEWS Thick zone of high-grade gold mineralisation intersected at Fairview South
right-arrow Created with Sketch.
NEWS Access the latest ASX news here
right-arrow Created with Sketch.
NEWS Watch Exclusive Interviews with ASX Leaders
right-arrow Created with Sketch.
NEWS Unemployment expectations correctly called today's 4.3% rate
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.