I'm deadly serious !! If you think for one moment the likes of Credit Sussie and the note holders are planning to di their money cold you have no idea how the share markets work !
These institutions will by manipulation gained control of link for a little as possible and re float the assets for $100 m plus and get some of their investment back why else is someone still writing cheques to keep the company afloat ?
Interest in the convertible notes are due in April and we all know that linc can't make these payments a default means liquidation of the company so that's not going to happen ... Therefore the note holders will be seeking more shares for and better terms and if that's not delivered linc employees will be jobless!
So once they have that in order the next step will be a exit strategy !
That's why we losers need to re buy and get in in the ground floor !!
- Forums
- ASX - By Stock
- LNC
- Genting/Credit Suisse/PB
Genting/Credit Suisse/PB, page-26
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LNC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online