Singapore or ASX, Still A Tenuous Linc

By Gareth Brown in our one-man Vienna office Whenever a group of shareholders are selling for reasons other than valuation, it’s the value hunter’s obligation to take a look. That explains how I came to spend a day scratching around ASX listed energy group Linc Energy. Hoping for greater investor support elsewhere, CEO and major shareholder Peter Bond is pushing to delist Linc Energy from the ASX and relist in Singapore. Many Australian shareholders - either unwilling or unable to own foreign stocks - are hitting the exits all at once, the sort of thing Seth Klarman might dream about....

By Gareth Brown in our one-man Vienna office

Whenever a group of shareholders are selling for reasons other than valuation, it’s the value hunter’s obligation to take a look. That explains how I came to spend a day scratching around ASX listed energy group Linc Energy.

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