AJL 10.0% 0.9¢ aj lucas group limited

so will you be taking up your entitlement?

  1. 21 Posts.
    The negatives include:

    1) the market price is now close to the new issue price
    2) long term severe lack of confidence in management
    3) the significant residual debt remaining after a successful CR and
    4) revenue from UK shale is several years away.

    The positives include:

    1) excellent positioning and prospects from UK shale
    2) a probable imminent board change and
    3) Chairman / CEO roles split.

    I am thinking of not taking up my entitlement. Are you?
 
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