cap raising, page-19

As usual AFU, an excellent post.

I understand and agree with the frustrations expressed by AFU, and others.....particularly on the Days of Our Lives coal sale saga.

However, to some of the more directly negative sentiments made by earlier posters I would simply add that my experience in being part of LNC for some time (historically) was that:

1. Mrs Bond raised no fools.

2. Peter Bond suffers no fools.

3. Peter Bond dislikes living on borrowed funds.

4. Peter Bond is Linc's largest shareholder. Any decision adversely affecting Linc shareholders (particularly in terms of pricing and dilution) hurts him the most.

5. Peter Bond is a doer, and has a clear vision for Linc.

Has this all panned out perfectly? No way.

Will PB succeed in the end? I'm backing him.