It was posted yesterday by someone here, that shorting is banned on the Singapore SX. If this is the case, then for no other reason, I am 100% behind the move. We have ALL bellyached about the damage the shorters have done, not only to Linc but to nearly every other listed [usually smaller] company on the ASX. Yet even with supposed internal investigations etc the ASX continues to condoned it, by not stepping in. There have been numerous threads on HC 100% behind the injustice to the little investor, of the use of shorting/manipulating. In todays Australian, Bond is quoted with a comment along the lines of, he is sick and tired of the stock being manipulated plus or minus 30% in a few days. Yet he is demonized here, for having the balls to tell the ASX to stick their weak policy up the proverbial. I thought the HC thread was here for us 'little investors' to try and get a handle on how 'the big boys' are screwing us over? I know I will get bagged by most but so be it. Maybe Bond will be acknowledged as a CEO with vision, in 12 months time and other companies might follow his lead OS ! n PS. Have been a holder since the early days and will continue to hold, unless Bond starts to sell.
LNC Price at posting:
$1.26 Sentiment: Hold Disclosure: Held