cap raising is a natural part of the stock market and the reason companies go public in the first place. This is a speculative stock so it has no other significant source of funding. Even Rio and many other companies have done major capital raising's recently, and its part of the game. What would you rather, selling the assets cheaply now or some dilution and the assets realizing their full potential? Yes it takes time but were talking about billions of dollars!
Now in the short term, Linc can go full steam ahead with commercializing the GTL plant. also remember the tenement sales are a BONUS.
The only disappointment is that unsophisticated investors will be diluted. And the Sp will proabbly drop to the cap raising price but after that up it goes
- Forums
- ASX - By Stock
- LNC
- cap raising
cap raising, page-32
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LNC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online