LNC 0.00% 99.5¢ linc energy ltd

you could hear a pin drop in this room ..., page-21

  1. 5,048 Posts.
    p'dexter,

    lnc were trading at 85c for two weeks until the placement announcement on the 31st after which they spiked to $1.05 on the 1st.

    3 days after the announcement they have retreated back to 85c on a down day on the market.

    is there anything sinister or is it lnc's relative lack of liquidity which can create the occasional big swings.

    im happy to hold and observe quietly until there is news worth talking about.

    cheers
 
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