AJL 10.0% 0.9¢ aj lucas group limited

Ann: Annual Report to shareholders, page-7

  1. 525 Posts.
    lightbulb Created with Sketch. 15
    The interesting item in the top 20 shareholders is this:

    mr. Paul Fudge, the number 2 shareholder, did not take up shares in the recent share issue.

    He can get them today 25% cheaper, so he was not wrong...

    Previously he had 12%, now he has 8%. Dilution is killing all of us.
 
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