AJL 12.5% 0.9¢ aj lucas group limited

Ann: Chairman's Address to Shareholders , page-6

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  1. 591 Posts.
    Some premature/hypothetical questions for mulling over (more enjoyable than watching share price):

    If Cuadrilla is a big IPO in 2014, then I wonder :
    A) how much might be raised (EUR100-200M)? [I don't know why it would be called 'big ' if it was not raising at least a nine figure sum]
    B) what percentage of issued capital would be owned by AJL after the IPO is done, (40%) ? [much less would be highly dilutive and probably not acceptable to AJL or Riverstone)
    C) what might the market cap start out at (EUR 0.7-1.0B) ?
    D) what that would do for AJL's balance sheet, as their holding would be of 'listed securities' at a much greater value than is currently represented in the balance sheet?
    E) would this end AJL's future obligations toward Cuadrilla?
 
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