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LINC's first day on the SGX up - A sign of things to come
Linc Energy enters SGX Mainboard
It has a market cap of $690m. In a release, Singapore Exchange announced the listing of Linc Energy Ltd on Mainboard, under the stock code of TI6. Linc Energy is a diversified energy company with operating control of a global portfolio of conventional and unconventional oil, gas and coal assets. The company has offices and operations in various geographic locations including United States, Uzbekistan, Poland and Australia. - See more at: http://sbr.com.sg/markets-investing/....tpMYceyf.dpuf My Take: Linc Energy seems to have a good day one on the SGX up ~28%. 8,000,000 million shares traded at SGD= SGD$ 1.43 = ~AUD$1.28 a substantial price uplift from their last day open on the ASX at $0.995 ASX: LNC to be delisted. New SGX (Singapore Stock Exchange) code is TI6. Trading began on the 18th-12-2013 It is tradeable on etrade's global platform. http://sbr.com.sg/markets-investing/...-sgx-mainboard I have posted quite a lot about LINC over the past years and have a lot of interest in their novel, proven, UCG-GTL technology. This will be remembered as a one of our Queensland Govt's great follies but will also provide a "model" for technology rich energy and mineral companies to migrate to where money coupled with foresight is.
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
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Day 3
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
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