With current commodity market price falls hard to improve cashflow or sell assets at reasonable price. Operating performance not improving & deal making now from a position of weakness. Potential is there but market confidence in PB to deliver has suffered greatly as has SP (arguably rightly) based on non delivery ,cheap asset sell offs, distracted & widespread deal making, questionable & at times fluffy announcements. Hopefully next couple of months will be different but not holding my breath. Need a positive outcome of substance next few months else further negative reflections will continue. IMO & GLTA
LNC Price at posting:
99.5¢ Sentiment: None Disclosure: Held
