LNC 0.00% 99.5¢ linc energy ltd

announcement is effectively an mou?, page-13

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    You might get a bit of a short covering rally as we're getting very close to the gap fill at $1.10 and an uptrend on the daily at $1.09 today, obviously not that far above major support either. But the last two days look horrendous on the chart.
 
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