flop, page-11

At A$1.65 Company announced that the shares are undervalued in ASX and hence moving to SGX


The shares are A$1.4 currently now in SGX . So much so for non Australian investors appreciating the value!!


For those claiming that price will go up once announcements come and hence life will be ok - there is a very misleading assumption that it would not have gone up if it was still listed in ASX..


I love Linc, don't take me wrong. That is as long as they stick to their core competence - Mining / Energy/ Oil..

The move to SGX was an investment banking driven decision ....not an operational. And we all know who gains everytime an investment banker promises the moon ....