LNC 0.00% 99.5¢ linc energy ltd

why share placement, page-3

  1. 837 Posts.
    Maybe their doing a BDG, they found out their mine wasn't economic so they put out a placement for enough capital to last them afew years to potter around and get paid. I think lnc is going to crash into a stinking pile of poop, I mean stopping trading on bad days is pure manipulation, they didn't need a trading halt for days for a placement, probably their backers margined loaned upto the hilt and can not sustain any price declines.

    I think LNC is the biggest bubble on the ASX.

    Yeah yeah, I'm sure I'll be called a shorter or whatever, but that's my take on it.
 
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