LNC 0.00% 99.5¢ linc energy ltd

i can't see it hitting $2. of course it can- and beyondthere...

  1. 4,783 Posts.
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    i can't see it hitting $2. of course it can- and beyond

    there will be enough sellers happy to take their profits as they fear price may have hit a hurdle, and it becomes self fulfilling, as they sell they bring price down, other holders think its hit resistance, they sell on upticks, causing downticks, causing fear. etc

    its a great company. i think we're lucky to even be aware of it, and have a little bit of skin in the game.

    i should be buying more right now.

    of course the IF thing is the concern. but i would hazard a guess that the price rises have something to do with that.

    anyone rung the roadhouse and leasing agents near chinchilla? any applications this last week from ex SASOL engineers seeking to extend their home leases a few more years?
 
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