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
- Forums
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- Hearing decision today
Im of a totally different mindset! The current large...
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