LNC 0.00% 99.5¢ linc energy ltd

is my aunty really my uncle?, page-8

  1. 1,898 Posts.
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    Val,

    You disagree with me?

    I called it a good deal for LNC?

    I just don't understand why the need to price the buy in at $4.50?

    What does it prove?

    Okay PB does not get watered down as much on his shareholding because only 25 Million odd shares are issued and only 5% of the company given up instead of 20%.

    The cash amount the company gets to spend is still the same.

    Wonder if the chinese want a board seat?

 
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