So, the first asset to go will be SAPEX then. Not a bad deal if it's true (joke)! It takes a special kind of management team to sell an asset 7 years after you purchased it for $4m LESS than you bought it for in the first place (and I won’t bother going into how extraordinarily expensive these "assets" were to hold all that time either)!
There's a lot of people who’ve been posting for years that the only reason they invested in Linc was the Ark (thanks in no small part to that twit Dr Kent Moore Money in My Own Pocket) – so this should go down well.
(And yes GH, I know it’s just a rumour, but mark my words – Linc NEED to sell assets or the doors close. So, where there’s smoke there’s fire in this case).
LNC Price at posting:
99.5¢ Sentiment: Sell Disclosure: Not Held
