eight times the stock prices, page-24

DYOR before posting misleading details.

LNC did not hit $5 till late in 2008.

"Senior Constable Robinson also alleges Mokbel represented Linc's interests and ''participated in activities aimed at raising working capital for Linc and procuring loan monies to invest in Linc''.

The Linc story starts in 2004, when broker Austock was trying to raise $3 million so the company could pay Queensland government fees due on its Chinchilla mining tenement.

It was a grim time for Linc. On July 20, the company's board, headed by former Queensland premier Mike Ahern, decided it would have to call in administrators unless it could raise more money."



Linc floated in May 2006 in a capital raising organised by BBY. Bond was not involved with LNC until May 2006.


Read more: http://www.theage.com.au/victoria/many-branches-to-mokbel-drugmoney-trail-20110419-1dnh5.html#ixzz2ByYKhfJM