LNC
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0.00% 99.5¢ linc energy ltd

That US$508m is not what the oil asset is worth its what they...

  1. bigal36
    2,851 Posts.
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    16/04/15
    18:33
    Post #: 15101465
    That US$508m is not what the oil asset is worth its what they paid plus what they have spent developing it less what they have amortised/written off.
    You would be lucky to sell this asset for US $250M
    LNC Price at posting: 99.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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