AJL 10.0% 0.9¢ aj lucas group limited

Ann: Investor Presentation, page-5

  1. 2,910 Posts.
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    Sika. I don't mean to get into a slinging match but GFC was in 2008 and AJL was slipping and sliding from 2011 onward. A period in which coal seam gas investment was booming. Just look at the share price. If you got in around 2011 your ave will be about $1.20 like many long term holders and now it is 27c and this is the valuation for OZ business and operation alone becoz Cuadrilla investment cannot be included on the balance sheet due to current accounting rule as it is exploration cost. I don't want to open up the old wound over and over again but legacy of past management is still hurting the share holders. And toixic fume is still lingering around the management and its style. Cheers.
 
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