Hi guys
I have been following the debate with interest. I see another angle.
The Qtly stated the coal was up for divestment. I assume that means the Coal division. What crosses my mind is the only way they could be making that statement with real confidence is either they are close to selling it, or they intend to IPO it.
My bet is an IPO.
That probably frees up enough cash to order FT units with a substantial deposit upfront.
When I think about OCG, I come to the conclusion they are underfunded for large scale operations. They need a cash injection to scale up for LNC's purposes. Perhaps they would accept Linc taking a position, if not, a big order with some money upfront will change their dynamics I am sure.
Just a thought
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