LNC 0.00% 99.5¢ linc energy ltd

price of oil vs lnc share price

  1. 615 Posts.
    Anyone care to comment on the possible positive correlation between the price of oil and LNC's share price? My take on it is that the LNC share price responds to the movement of the price of oil and will now continue to do so. When I try to understand why, I am confused considering we are 2-3 years away from LNC selling its first drop.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.