How much more shareholders money can AJL go through?
Has AJL recouped what it has already invested on Bowland from Centrica? 16m AUD is a very skinny return.
The free carry is nice but its not the same as getting dollars in the bank for AJL.
The carry is backdated to 1 January 2013, very unusual.
Even after the cap raising, AJL is low on cash and still has debt on its books and its operating businesses are losing money.
sale of 25% interest in bowland prospect, page-22
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.38M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 922056 | 4 |
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