Maybe their doing a BDG, they found out their mine wasn't economic so they put out a placement for enough capital to last them afew years to potter around and get paid. I think lnc is going to crash into a stinking pile of poop, I mean stopping trading on bad days is pure manipulation, they didn't need a trading halt for days for a placement, probably their backers margined loaned upto the hilt and can not sustain any price declines.
I think LNC is the biggest bubble on the ASX.
Yeah yeah, I'm sure I'll be called a shorter or whatever, but that's my take on it.
LNC Price at posting:
$3.70 Sentiment: None Disclosure: Not Held
