LNC 0.00% 99.5¢ linc energy ltd

good bye and good riddance to the asx. , page-15

  1. 2,502 Posts.
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    I agree waranaphil, I also reckon the price has been hammered with a significant number of holders that couldn't be bothered with the transfer selling their holdings.

    However, if that is the case, one would imagine that now that those holders are out the share price should rise once LNC is listed on the SGX. Some were compelled to sell because of the transfer but once the transfer is done there will be no more selling pressure due to this issue.

    Furthermore, I anticipate some good announcements prior to SGX listing which will also help the price go higher.

 
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