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1.3¢ aj lucas group limited

I don't share your rosy outlook on AJL. In fact the sp and...

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tgn01

2,901 Posts.

179

30/01/23

07:43

Post #: 65937853
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Originally posted by hightrax: ↑

What? There is now $20m cash in the bank, partly from recent raising, current EBITDA about $9.5M up from $6.5m last quarter affected by lot of rain, and good ongoing demand for services in coal boom in Oz. Think they will reduce the secondary facility (16.58% interest rate) costing about $1.2 mill/qtr plus $2m capital repayment/qtr. which will boost net flows and reduce risk. Kerogen are actually majority owners and likely appoint the board. The UK government and opposition, most members of which seem to have bats in the belfry, are going to have to try to resolve huge energy cost and supply problems fast, I would think.

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I don't share your rosy outlook on AJL. In fact the sp and market also indicate that's not how they see it either. The debt has been increased and not reduced since last FY.

AJL Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.3¢		Change 0.000(0.00%)		Mkt cap ! $17.88M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	83333	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	90800	1

View Market Depth

No.	Vol.	Price($)
1	83333	0.011
8	1936742	0.010
5	1200099	0.009
4	1800000	0.008
2	220000	0.007

Price($)	Vol.	No.
0.012	90800	1
0.013	925065	7
0.014	423230	3
0.015	200000	1
0.016	79432	1

Last trade - 16.12pm 03/05/2024 (20 minute delay)

AJL (ASX) Chart

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