LINC's first day on the SGX up - A sign of things to come

[Sparty]

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.

[Sparty]

Watch Linc on the SGX live