Peter Bond's Linc Energy enters administration [IMG] Former...

  1. HSydney
    5,732 Posts.
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    15/04/16
    12:29
    Post #: 17512795
    Peter Bond's Linc Energy enters administration



    Former Australian listed market darling Linc Energy has entered voluntary administration with the oil- and gas-focused company buckling under an ongoing debt restructure and recapitalisation.

    Linc, which once boasted a market value of $2 billion when listed in Australia, was worth $US15 million when its Singapore-listed shares last traded on March 24.

    Linc appointed PPB Advisory as its administrators on Friday.

    http://www.copyright link/business/...-energy-enters-administration-20160415-go72z8
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