So let us just hypothesise that the sale of Teresa goes thought to the Chinese for $1.5Billion AUD. Let’s say in 3 weeks they pay their first of ten $150M deposits. What SP are we looking at, any bets? Are we looking $5ish like when the sale was first announced or b/c of the price of oil etc are we looking lower than that? Or higher? I know noone actually has a clue especially at the irrationality of the current market, but lets have a guess. I’m thinking....$4.25ish
LNC Price at posting:
$1.70 Sentiment: ST Buy Disclosure: Held