LNC 0.00% 99.5¢ linc energy ltd

Hearing decision today, page-11

  1. 1,892 Posts.
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    Im of a totally  different mindset!
    The current large shareholders are not going to accept these losses at the current market price! Long term there will be a plan in place to recoup these losses target price above 71 cents a share or a market cap of above 140 M
    The current market cap is @25 M

    Current hurdles

    1) markets do not like unknowns . I refer to current court action against LNC
    2) continued issue of new shares to fund LNC  quarterly survival.
    3) CEO has yet to provide a new vision for LNC or explanation for the massive decline in the Shareprice

    4 things to watch for

    1) exit of PB from the register
    The money that matters don't want him to participate in any recovery
    2) Genting are still a shareholder entry price above $1
    They may bid for the company in the future
    3) recovery of oil price
    4) Trump is pro UCG
 
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Currently unlisted public company.

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