LNC 0.00% 99.5¢ linc energy ltd

director selling, page-12

  1. 4,783 Posts.
    lightbulb Created with Sketch. 149
    you can't even use BnB in the same sentence as these guys

    he probably expected the deal to be completed by now, and would prefer to sell after finalisation, whereupon its worth more to him.

    how do i know? human nature. most people wait until they_need_the money before they draw it, and in this case where we are all sitting on a possible sale/ short term SP spike it would be logical he waited as long as possible.

    i'm saying "ddang i have to sell 2,000 shares to pay some bill,s i'd prefer to wait a month or so, many others likewise in this share. thats IF this deal is ever going to be finalised that is.

    to that i can only conclude it is no worse than previous or else under continuing disclosure requirement some people would be lining up for some real trouble
 
watchlist Created with Sketch. Add LNC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.