LNC 0.00% 99.5¢ linc energy ltd

peabody bid for mcc, page-30

  1. 26 Posts.
    Sido, As I said $2.50 would not happen but $5 may be a stretch. I'm trying to understand why the stock is trading at such a discount to what its value should/may be. Given what's going on with the coal space it seems ridicoulous that LNC is not > $2 for a start. Seems the mkt is not hopeful of the coal asset sale or at least not happy with the price that they may have been offered. This stock is capped at $800m and there is zero coverage from the st except from BBY the house broker. Does not add up.
 
watchlist Created with Sketch. Add LNC (ASX) to my watchlist

Currently unlisted public company.

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