LNC 0.00% 99.5¢ linc energy ltd

cap raising, page-20

  1. 197 Posts.
    Well summed up AFU.
    Its absolute stupidity to raise now, unless it is part of an overall plan.
    You are right about burning the register. I have held now for 2 years, and have made $0 = frustrating.

    Wouldn't be too worried about not getting any at the placement price - the SP will fall pretty close to it I reckon. And, no doubt BBY will get a chunk, which they will sell on the market over the next few months which will no doubt cap the SP until a sale is announced.
 
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