LNC 0.00% 99.5¢ linc energy ltd

sapex

  1. 97 Posts.
    Does anyone have an opinion on what's going on with SXP at the moment?

    MM&E became a substantial holder last week with 5.23% and now UBS has jumped into the mix with 5.68%.

    Do you think they may be buying on behalf of Linc or another company? Or maybe they're just gambling on the possibility of another bidder coming into the game, knowing that they can just take the 72 cents from Linc if that doesn't happen.

    There's a few possibilities and I suppose we'll find out soon enough, but is anyone worried that the deal may not go through for some reason or do you think it's pretty much a sure thing?


 
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