My understanding is the cuadrilla investment is carried in the books at cost.
If cuadrilla were to IPO, then the investment in AJL's books could be carried at market value.
AJL in 2017, page-3
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0.8¢ |
Change
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Mkt cap ! $11.00M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 450104 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1938013 | 3 |
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