LNC 0.00% 99.5¢ linc energy ltd

stocdj,i think some of the posters will be a bit shy when they...

  1. 5,048 Posts.
    stocdj,

    i think some of the posters will be a bit shy when they realise how silly their interpretation of a quarterly report has been and a their understanding of the likely cash requirement for the sapex merger/takeover.

    as for sapex, linc already own approx 17%. the remainder of the deal is cash or scrip or cash/scrip.

    so perhaps as little as $50 milion (could be less, could be more) will be required to complete the transaction.

    cheers



 
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