LNC 0.00% 99.5¢ linc energy ltd

Sido, As I said $2.50 would not happen but $5 may be a stretch....

  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.
 
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