LNC 0.00% 99.5¢ linc energy ltd

To be honest, smart money isn't going near speccies at the...

  1. 1,705 Posts.
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    To be honest, smart money isn't going near speccies at the moment. Now I know I haven't been positive on LNC lately, but with the new French government vowing to worsen the debt crisis, the Euro is in serious trouble. Slow growth in China, double dip in the UK and growth forecasts for Australia slashed with the housing bubble at near full air capacity, there is FAR too much risk to put into a stock that is doing absolutely nothing.

    With slashed interest rates, the dividend from TLS is looking bloody attractive in this climate. Going to leave LNC in the bottom draw and park money into staples, telecom and energy. Just hope it isn't delisted before break even point.
 
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Currently unlisted public company.

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