LNC 0.00% 99.5¢ linc energy ltd

usd 435 million tranche

  1. 3,351 Posts.
    Investors,
    do not be deceived with the bot manipulations. Savvy investors are accumulating this stock with news to be out soon in relation to the acquisition and first tranche of funds coming into the coffers. This will probably be the last chance to grab or beef up your holdings.

    From what i can guess, the only reason that LNC is at these depressed prices is due to a lack of trust and the historical debacle from previous lost opportunities. I much prefer that directors and management have 'skin in the game'...PB owns half of the company and will obviously obtain a good price for himself and his shareholders.

    What really interests me is the prospect of news in relation to the collection of USD 435 million [i.e. 495 million AUD] in the next few days. This will all but confirm the sale.
 
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Currently unlisted public company.

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