AJL 0.00% 1.0¢ aj lucas group limited

Ann: AJ Lucas completes placement and investor presentation, page-10

  1. 28 Posts.
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    A quick Google search suggest that 65% of shares are held by Kerogen Investments No.1 (HK) a Hong Kong company which is however owned and controlled by an investment company registered in the British Virgin Islands. I'm not sure how a company is allowed to go above 50% without a takeover offer but this is the ASX where these things just seem to happen. I'm not sure what kind of danger it may represent to AJLucas small shareholders.
 
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Mkt cap ! $13.75M
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1.0¢ 1.0¢ 0.9¢ $3.786K 380.5K

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5 834548 0.9¢
 

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1.0¢ 1898993 4
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