LNC 0.00% 99.5¢ linc energy ltd

trading halt, page-8

  1. 2,851 Posts.
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    Thanks MrMcgee
    You are one of the few posters I do respect here as you always listen to both sides and never ramp up the stock with stupid comments.

    PB doesn'r have the money to participate in a large CR so he will most likely try and do a placement and will just have to reduce his share of the company.

    A huge debt placement is unlikely has they are fairly highly geared already.

    I would have prefered that they either sold something or got a large capital injection via a joint venture with one of the big boys with one of their assets.

    Guess we will find out after Easter.
 
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