LNC 0.00% 99.5¢ linc energy ltd

What exactly are you amazed about? Do you really think that the...

  1. 1,954 Posts.
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    What exactly are you amazed about?

    Do you really think that the world is made up of only straight people like yourself?
    Most of the biggest thieves work in the finance sector.....the only time the finance squeels is when a roque trader puts the bank in for a few billion the rest of the time its clean up time shhhhhhhs
    Now who benefits from the sale of our wonderful world class assets sold for a song by some of the highest paid executives in the region ......
    United Mining Group whose financial might is that on one needing to raise new capital by their own admission!
    I thought the plan was to spin these assets off as a separate listing on the SGX?
    Not be given away for a song?
    What is the benefit to Linc Energy aside from the admin cost of $20 M per year to look after these world class assets that are sold for $1? WHY SELL them for Nothing is my question....the proceeds of the sale is not going to make a dent in LNC cash flow! Why give it away? what's the incentive to give it away? Who beneifts????
 
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Currently unlisted public company.

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