AJL 0.00% 0.9¢ aj lucas group limited

A quick Google search suggest that 65% of shares are held by...

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    A quick Google search suggest that 65% of shares are held by Kerogen Investments No.1 (HK) a Hong Kong company which is however owned and controlled by an investment company registered in the British Virgin Islands. I'm not sure how a company is allowed to go above 50% without a takeover offer but this is the ASX where these things just seem to happen. I'm not sure what kind of danger it may represent to AJLucas small shareholders.
 
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Mkt cap ! $12.38M
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0.9¢ 0.9¢ 0.8¢ $181 21.14K

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1 108858 0.9¢
 

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