Wow, LNC with little to no experience in oil has managed with their 4 teams looking for distressed assets in the USA has managed to get some woodduck in America to sell LNC a cash positive oil investment.Mate, I'd like to see the numbers before i get too excited.We will know in the next 90 days! Litle Debt...are u for real?$260 Million? on a market cap of 1Billion? 2 Weeks late on the buyback...I was the first person on hotcopper to scoff at the buyback and called it a "Claytons buyback" as soon as it was announced.
LNC Price at posting:
$1.97 Sentiment: Hold Disclosure: Held
