AJL 12.5% 0.9¢ aj lucas group limited

No way it will be sold without testing market for other suitors....

  1. 525 Posts.
    lightbulb Created with Sketch. 15
    No way it will be sold without testing market for other suitors.
    The value is not $60 mln, but a multiple. It is not only quite profitable and low risk with long term contracts/clients. Also, with energy prices moving up, the market activities will increase.

    So, selling is an interesting option, but not now and not without due process.

    150-200$ million is more likely. Nice try though. And indeed, maybe it is an offer higher then $60. But only at 150-200$ it could be considered imho.
 
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