AJL
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0.00% 1.0¢ aj lucas group limited

gone to hell in a handbasket

  1. DSD
    15,757 Posts.
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    05/05/10
    13:26
    Post #: 6658647
    The TO of Mitchell Drilling was a complete shambles. Many experienced Mitchell staff have left to join Boart Longyear and others. AJL arrogance at the time ensured this would occur. Now coupled with many postponments in CSG projects the near term future for AJL is not too promising. I bought this sucker at 4.30 then sold half at 4.10 when things started to go pear-shaped. Should have listened to my gut and bailed the lot. What a dog it has turned into. sigh.
    AJL Price at posting: $2.34 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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