LNC
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0.00% 99.5¢ linc energy ltd

In my humble opinion....the reason for the firmness in the...

  1. danhold
    1,896 Posts.
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    03/03/15
    14:18
    Post #: 14851959
    In my humble opinion....the reason for the firmness in the market is that LNC is going for capital raising.

    Merchant Banks make the price firmer to enable them to market the capital raising....they will get 5 Million Plus in fees. I know you will all be screaming CR prices fall etc but to do this CR support in the share price for a month is small change!! Just my thoughts....
    LNC Price at posting: 99.5¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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