LNC 0.00% 99.5¢ linc energy ltd

Green you obviously did not understand what I wrote. since the...

  1. 1,899 Posts.
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    Green you obviously did not understand what I wrote.
    since the purchase of LNC energy by Genting the Genting share price has been woeful performer.
    November 2013 the shares were trading at $1.50 yesterday they were trading at $1.00 now what does a share buy back have to do with Genting's performance except to rescue the share price? Lnc Energy did a buy back at A$ 2.00 which we all wish we had sold into it? Perhaps I'm wrong and you're suggesting that if Genting can orgistrate a buy back its cashed up to buy LNC ? I doubt it could as its core business is resort and properly development and LNC has been a dud investment for Genting so far !!
 
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Currently unlisted public company.

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