LNC 0.00% 99.5¢ linc energy ltd

Restructuring saves Linc Energy A$24.7m, page-7

  1. 1,682 Posts.
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    YR, with respect, some of the non holders (myself included) have been in LNC for many years, and have recently exited with losses that in some instances probably exceed what you or more recent linksters currently hold. As a non holder I probably have more clarity on Linc's prospects (or otherwise) than I did when holding. I don't personally take any enjoyment from the situation Linc, (and particularly its shareholders) is in at the moment. I just cant see how Linc can get itself out of the mess it is in at the moment. It's much easier to pull rabbits out of hats (sell assets at good prices) when oil prices are high, and the rest of the industry isn't for sale at the same time. Having said that, if Linc came up with a strategy, started under promising and over delivering, improved management, and started treating its shareholders with respect my views might change.
 
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