AJL aj lucas group limited

change of control clause & security, page-2

  1. 1,114 Posts.
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    p13 is also interesting on mandatory repayments:

    (a) if the drilling division is sold for >$15m, 50% of proceeds in excess of $15m goto Kero.

    (b) 50% of net proceeds on disposal of Cuadrilla, Direct interests, or Monument (we wish) goto Kero.

    (c) 100% on windup of bowland indirect interest goto Kero

    heads Kero wins, tails Kero cant lose

    with such security on the loan the interest rates are a farce.
 
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(20min delay)
Last
0.6¢
Change
0.001(20.0%)
Mkt cap ! $8.254M
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0.6¢ 0.6¢ 0.5¢ $10.32K 2.047M

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No. Vol. Price($)
2 516502 0.5¢
 

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Price($) Vol. No.
0.6¢ 2298757 9
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Last trade - 14.03pm 11/07/2025 (20 minute delay) ?
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