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8.33%

1.3¢ aj lucas group limited

Looks (almost!) like collusion between Kerogen and Lucas...

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striebs

1,726 Posts.

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21/08/18

18:07

Post #: 35072741
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Originally posted by Quiono ↑

My real point is that Lucas management have sat on their fat rear ends for years waiting for Cuadrilla to make them wealthy, while a well respected Engineering business was neglected. While other businesses had some strategic challenges, our zombie management sat on their hands.

Some give them praise for keeping the company afloat. At these interest rates, there was no charity going on. Kerogen knew what they were doing. If Lucas went pear shaped, they could pick over the bones and keep the UK assets. If it didn't fall over, they got paid big time. Look at the chart and compare with any other engineer you like. Incase you care Mr Arnall, that line is what a lack of strategic vision looks like.

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Looks (almost!) like collusion between Kerogen and Lucas management doesn't it .

Yes UK bureaucracy and lack of govt support has slowed things down but if they were acting in the interests of all AJL shareholders then they would have done things differently .

AJL Price at posting: 32.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.3¢		Change 0.001(8.33%)		Mkt cap ! $17.88M

Open	High	Low	Value	Volume
1.2¢	1.3¢	1.0¢	$8.332K	716.8K

Buyers (Bids)

No.	Vol.	Price($)
1	250000	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	942823	6

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.
0.013	942965	7
0.014	423230	3
0.015	200000	1
0.016	79432	1
0.019	12500	1

Last trade - 16.10pm 02/05/2024 (20 minute delay)


Last 1.3¢			Change 0.001 ( 8.33 %)
Open	High		Low	Volume
1.3¢	1.3¢		1.3¢	100000
Last updated 10.44am 02/05/2024 ?

AJL (ASX) Chart