LNC 0.00% 99.5¢ linc energy ltd

share buy back

  1. 693 Posts.
    I see some people are now suggesting restarting the share buy back. After all it was a bargan at $2 so at 60c it's a steal, and it might hold the share price up. That was also the idea last time, but look where we are now! The idea was brain dead last time and to restart it again would be unthinkable.I now feel vindicated as I got rubbished last time for canning it. Linc needs to have a real good look at overheads and cash flow as the market is spooked and punishing the share price. Maybe a good start would be for the staff to start making their own bloody coffee.
 
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