LNG liquefied natural gas limited
Add to My Watchlist 0.00% ! 4.3¢

Many companies fail due to bad timing leading to lack of funds...

  1. jwhiteman
    2,366 Posts.
    lightbulb Created with Sketch. 53
    clock Created with Sketch.
    26/04/20
    10:54
    Post #: 44259817
    Many companies fail due to bad timing leading to lack of funds and insolvency. In this case it has has been due to macro factors outside LNGL's control:

    1) Energy market collapse
    2) Trade war
    3) COVID-9

    Like Virgin Airlines' staff, planes and infrastructure, the projects could well survive but shareholders' equity won't.
    LNG Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS High-Grade Gold Hits Extend Major Lodes at Kpali Prospect in Ghana
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)
right-arrow Created with Sketch.
VMM Viridis Selected for BNDES and FINEP Strategic Mineral Funding to Advance Colossus Project
right-arrow Created with Sketch.
NEWS Ministerial Approval Grants Provisional Authorisation for Battery Anode Material Facility
right-arrow Created with Sketch.
NEWS New Positive Interim Data in Phase 2 Study of SNT-5505 in Myelofibrosis
right-arrow Created with Sketch.
NEWS Bonanza Dittmer Drilling Hits 221g/t Gold in Stage 5 Intersection
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.