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 ?
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $12.38M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $76 | 8.543K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 356981 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 687542 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 356981 | 0.009 |
4 | 718703 | 0.008 |
4 | 960000 | 0.007 |
2 | 795000 | 0.006 |
2 | 400000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 687542 | 2 |
0.011 | 99900 | 1 |
0.012 | 111667 | 2 |
0.013 | 224650 | 3 |
0.016 | 79432 | 1 |
Last trade - 12.36pm 05/08/2024 (20 minute delay) ? |
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