LNC 0.00% 99.5¢ linc energy ltd

new ann - wyoming, page-9

  1. 257 Posts.
    If it was worth anywhere near $1bn less 10% of course you'd sell it for that price. But it's clearly not. The most recent data point is what they paid 3 years ago. Highly unlikely that someone will wander along and pay 45 times that amount within 3 years with little work done on adding value to the asset.
 
watchlist Created with Sketch. Add LNC (ASX) to my watchlist

Currently unlisted public company.

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