LNC 0.00% 99.5¢ linc energy ltd

buyback, page-14

  1. 8,033 Posts.
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    The sooner we get rid of the hangers on the better

    Linc is a risky stock

    Changing positions is fair enough when things change

    What has changed with Linc in the last week

    Funding has been secured

    This funding means no Cap raising for at least 2 years

    That is 2 years to get something out of UGC

    That is 2 years to get oil to start funding projects

    It is absolutely great news

    7 million shares traded yesterday

    I think shorters could have been sellers trying to keep a lid on the SP

    If so they will eventually get the SP back to 70cents and start buying
    Back slowly

    If the shorts are covering I would think will will break 80 cents
    Pretty quick

    If it is a leak that something is coming then $1 is near

    My belief is the funding is the reason for the bounce and the SP will continue to head north

    I have faith that BKK is getting everything in place to get as many
    Projects going as possible

    To find negotiates out securing funding is crazy as is selling
    At these prices

    Loading up is my opinion










 
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