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0.00% 99.5¢ linc energy ltd

Linc to raise $2.9m in new share raising, page-7

  1. bigal36
    2,851 Posts.
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    22/12/15
    17:43
    Post #: 16669110
    I suspect the cricket sponsorship cost more than this Capital Raising.
    Clearly they are in dire cashflow trouble and the number one aim will be to keep paying the senior managers for as long as possible.
    If the money is used to pay PB out I wonder if he will participate in the CR, then at least he can contribute 40% towards of his own payout.
    LNC Price at posting: 99.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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