well many contractors have been downgrading recently - AJL is probably not immune. However, the step down in the share price suggests someone knew what is coming, and they've had to put in a trading halt to stop the rot.
Either way, you need to question the compliance process here and whether they are adhering to continuous disclosure - its not the first time they would have issues on this front (remember Nick Swans medical appointment?)
Given its taking them time to put out a "guidance update" I am guessing it will be more detailed than simply a lower FY14 EBITDA range. They will need to give more positive specifics on Cuadrilla workflow to offset any bad news and keep investor hopes up.
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.254M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 700000 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 628311 | 4 |
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| Last trade - 10.59am 16/07/2025 (20 minute delay) ? |
| AJL (ASX) Chart |
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