AJL aj lucas group limited
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Ann: Appendix 4D and Half Yearly Report, page-3

  1. SunderlandTech
    240 Posts.
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    26/02/24
    16:20
    Post #: 72601870
    The loss is caused by the $9.3 million in finance costs. UK overhead costs doubling to $1.4 million doesn't help either.

    Cash increased by $3.6 million, although trade payables increased. I am wondering why they are not using some of the $16 million in cash to reduce debt?


    AJL Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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