LNC 0.00% 99.5¢ linc energy ltd

Just a guess too - I'll say a spike on that news up to 3.25;...

  1. 568 Posts.
    Just a guess too - I'll say a spike on that news up to 3.25; closing lower than that. The downtrend will be broken by that news though, and after the retrace from it's spike high on the news, say back down to 2.25, the price should uptrend. My guess is that it will be a slow slog to get to $5 again because the climate is so much worse now for companies that are distant prospects for producing net cashflow, let alone dividends.

    I wouldn't have a clue really though, just a game.
 
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