I think lucas sold off there uis side of there business due to...

I think lucas sold off there uis side of there business due to it only being 5% of there revenue they are more interested in above ground work only, CSG drilling.

here it is i found it.

Mr Allan Campbell, Chairman and Chief Executive Officer of AJ Lucas, said: ?The underground business is being sold because it is considered more of a mining services activity and therefore outside the Company?s core drilling services capability. In addition, it will free up resources to focus on our surface drilling and well management activities.?
?The sale proceeds will also strengthen our balance sheet and increase funding head room, both of which were impacted by the heavy rainfall at the end of last year.?

they needed cash. plus it has become non core.