1/ If LNC was doing something similar to SASOL, then the share price wouldn't be where it is, and they also wouldn't go around the whole world trumpeting the fact that UCG+GTL together in one company is a world first.
Clearly the UCG aspect is nothing like what SASOL does, and anyone who wants to make that linc (if you pardon the pun) hasn't researched the company properly or is just bitter!
2/ Close of 2.96 compared to intra-day high of 3.00 is extremely bullish. Almost a full green candle. It shows that sellers are not only dwindling in number but also volume, and that buyers are sitting in hoards offscreen.
In a few of the other threads, I was questioning how long this run could go for, but it seems this is just the begining. Not only do we have a US conference, but also a federal budget and an upcoming commissioning.
Good times ahead. Almost a $1b company as well.
LNC Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
