LNC is so short of funds, one way forward would be a capital raising obviously.
However, with the major shareholder unlikely to contribute to this capital raising it leaves LNC struggling to survive with the current massive interest payments.... I'm tipping a Capital Raising is inevitable consequently, there is no point being a shareholder till this is announced as regardless of the SP today the SP will be capped until new shareholder funds are injected.
LNC Price at posting:
99.5¢ Sentiment: None Disclosure: Not Held
