Linc Energy
Stock Code
Stock Exchange
Linc Energy (LNC) operates in the energy industry and it is primarily focused on the exploration of coal, gas and diesel. LNC supplies environmentally friendly power, diesel and aviation fuels. The Company develops and commercializes coal to liquids (CTL) processes by combining Underground Coal Gasification (UCG) and Gas to Liquids (GTL) technologies. This allows it to convert stranded coal into ultra-clean liquid fuels in a cost-effective way. The Company has potential to take these proven technologies to UCG-suitable locations within and outside Australia.
Linc Energy (LNC) received a speeding ticket from the Australian Securities Exchange (ASX) as its shares soared 25 per cent on Friday amid speculations circulated that the company has found a buyer for its Teresa coal settlement in Queensland. However, the Brisbane-based company denies the speculations and says that it has no explanation for the increase in its share price.
Peruse the dividend history for LINC ENERGY LTD. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive LNC dividends if you own the LINC ENERGY LTD shares on the ex-dividend date. Traders and investors must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the LNC dividend if you buy the stocks on or after the ex dividend date.
Linc Energy (LNC), an organization involved in the energy industry with a primary focus on the exploration of coal, gas and diesel and a supplier of environment friendly power, diesel and aviation fuels was the worst performer in the ASX200 list for the 17th week. The company had a market capitalisation of $596.1 million and lost 20.4 percent to its stock price closing for the week at $1.23. Its stocks traded at $1.55 during the last week.
Mirvac Group (MGR), a company that operates real estate business in residential and non-residential projects and involved in Real Estate Fund management was the worst performer in the ASX100 index for the week losing 7.4 percent or 10 cents in its stock price and was closed for the week at $1.18.
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