re: Ann: FSE: LINC ENERGY TAKES STRATEGIC STA... dont think that was the annoucement that LNC needed to be in the green today though. Good long term view - but I think we're headed south with the rest of the market. Also teresa well overdue, and all of these acquisitions arent providing any cashflow - which will come increasingly under focus whilst the market is so heavy.
You can see that PB is confident on future cashflows and asset sales by acquiring these cheap assets - im just worried that the market wont view it the same way given current sentiment.
Ann: LINC ENERGY TAKES STRATEGIC STAKE IN FIRESTO, page-3
Currently unlisted. Proposed listing date: APPLICATION WITHDRAWN ON 28 MARCH 2024