LNC 0.00% 99.5¢ linc energy ltd

Mate let me tell you why that wont happen …. PB owns 40% of the...

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    Mate let me tell you why that wont happen …. PB owns 40% of the company, thus in order to control the company and hence its IP, the counter party needs to get at least 41%.(assuming all the remaining parties will vote ‘for’ equally (that is 50% to PB and 50% to that chinese company)
    The chinese company can probably accumulate 5% without being noticed. But once it hits 5% and become a significant shareholder, the general investment community will notice that and start accumulating, this creates momentum that will attract traders, all of the sudden, you see everybody is buying… then that action will attract news paper and brokers, leading to a proper valuation of the company( ie. the underlying value of the company) . ie price target, hot tips for MA..etc.
    Although the price is trading at sub $1 now. For the last couple of years, it has been trading at 1.5-2.5 thus, a $2 wont seems too attractive especially when you know that Tersa alone is worth more than that…..
 
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Currently unlisted public company.

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