AJL 12.5% 0.7¢ aj lucas group limited

What now for UK shale, page-12

  1. 2,910 Posts.
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    Sika. Dont rub it in and open up the old wound that caused by Allan Campell era. We went through this many times. I jumped head in when things were at $1.80 because of UK shale story and thought I was smart back then. Went against advice and warning by Michaelgd SeamFriend and Striebs by catching the falling knife. Digged very deep to top up and managed to average down to roughly 95c currently. Most long term holders would have similar averages is my guess. If you just join the boat then I am sure at mid 20c average you will have a multibagger on your hands in next several months but for long term holders some will consider lucky to see $1 again. Anyway just ignore my gripe, I just have a more skeptical view on ajl than most on this forum due to many undelivered promises by uk shale (maybe too much expectations). Others may know more insights than I do.
 
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