LNC shareprice is just too steady.
We all know from the December report that LNC forcast to have no more funds past the end of April.
Options
1) Adani pays LNC the $60 M owing early at a discount.
2) LNC borrow more ....unlikely
3) Sell something ....would have by now if LNC could.
4) Professional placement....this would support my theory as to the SP holding up.The guess is at what price will LNC be able to sell 100 Million new shares? 50 cents?
- Forums
- ASX - By Stock
- Last Hurrah
LNC shareprice is just too steady. We all know from the December...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)