LNC 0.00% 99.5¢ linc energy ltd

The Dream is Dead, page-4

  1. 2,502 Posts.
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    You also said this on 12/3/16 in response to another poster predicting Linc's share price would go to $0:

    "Im of a totally different mindset!
    The current large shareholders are not going to accept these losses at the current market price! Long term there will be a plan in place to recoup these losses target price above 71 cents a share or a market cap of above 140 M
    The current market cap is @@25 M

    Current hurdles

    1) markets do not like unknowns . I refer to current court action against LNC
    2) continued issue of new shares to fund LNC quarterly survival.
    3) CEO has yet to provide a new vision for LNC or explanation for the massive decline in the Shareprice

    4 things to watch for

    1) exit of PB from the register
    The money that matters don't want him to participate in any recovery
    2) Genting are still a shareholder entry price above $1
    They may bid for the company in the future
    3) recovery of oil price
    4) Trump is pro UCG"
    Last edited by anthony75: 06/05/16
 
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