FYI I recently reduced my holding in AJL and put the proceeds in LER . If I so feel like it at the time I expect to be able to restore my holding in AJL at lower cost in the rights issue .
I don't see how any long term holders can be positive about their experience in holding AJ Lucas .
Sorry but there were plenty of rigs operational in the best parts of the Eagle Ford and Bakken during 2015 . Many companies were not just drilling out (and completing) undeveloped sweet spots but infill drilling - i.e. not adding new reserves , just expensively producing existing reserves faster to increase cash flow to service debt to avoid breaching banking/bond covenants .
I was confident about shale , both U.S. and outside the U.S. but like almost everyone else , I didn't factor in the oil price war , growing inventories or phenomenon of completely illogical opposition in NY , UK , Europe , NT , SA due to misinformation from Big Green .
Do you think Art Berman is realistic or wrong about his assessments of light tight oil ?
- Forums
- ASX - By Stock
- AJL
- AJL in 2017
AJL in 2017, page-51
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AJL (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $12.38M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $12.33K | 1.429M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2645110 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 272056 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2645110 | 0.008 |
3 | 870000 | 0.007 |
4 | 1320124 | 0.006 |
3 | 600000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 272056 | 2 |
0.011 | 1583896 | 4 |
0.012 | 90000 | 1 |
0.019 | 12500 | 1 |
0.020 | 27458 | 1 |
Last trade - 15.26pm 11/09/2024 (20 minute delay) ? |
Featured News
AJL (ASX) Chart |