written by reader Is Linc Energy a fairy-tale?

By cs141414, October 29, 2013

I’ve been following a small Australian energy company pushed by Dr. Kent Moore months back. Linc Energy- LNCGY. They seem to be warming up for a major push into their Australian Basin find in Queensland. They are moving some heavy hitters from the Singapore Exchange onto their board. They are about to move from the ASX to the Singapore market. They claim to be seeking to unlock ignored value by hanging with the Asian investors in the own neighborhood. The Russian Olagarcg that owns the Nets has also been making deals with Linc. Just maybe something big is about to happen. Anyone have any info on Queensland’s attitude toward fracking?

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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drifter_x
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drifter_x
November 26, 2013 11:38 pm

The switch has been made from the ASX to the SGX, trading suspended – any thoughts on whether to hold and carry it over to the SGX? Higher holding costs for Aus investors but it does seem there’s potential for them to gather some speed!