LNC 0.00% 99.5¢ linc energy ltd

This could be interesting reason, page-6

  1. 14,050 Posts.
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    I think that given its rapidly deteriorating financial situation Linc have very little ability to call the shots. They will have to accept the "market price" for a non-producing yet to be exploited acreage in a remote area in the middle of an oil price slump. IMO a transaction will materialise sooner rather than later.
 
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Currently unlisted public company.

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