Ann: Linc Energy CEO, Peter Bond, Buys More Linc , page-22

re: Ann: Linc Energy CEO, Peter Bond, Buys Mo... Does PB have many millions of dollars in cash?


I thought this recent on market buy, was a sigificant investment by PB. Is it really pocket change?


I understand he has aprpox $600m in shares, not cash, and recieved something like $20m in dividends last year?
Some might have gone on a mortgage, damage by the floods in his street?

Not sure if this is correct, but it says he earns A$340,216?

http://investing.businessweek.com/re...&ticker=LNC:US


Earlier this year I heard PB talking about the likelihood of a $6.50 share price in the near future...