AJL 12.5% 0.7¢ aj lucas group limited

MB, You paint a much too rosy picture re the scenario for...

  1. 1,020 Posts.
    lightbulb Created with Sketch. 43
    MB,
    You paint a much too rosy picture re the scenario for imported gas. You are forgetting the spiralling interest bill attached to the extra foreign payments that importing gas supplies implies.
    Not only are UK tax receipts forgone...income tax from jobs, petroleum tax and corporate tax..BUT it also impacts on the current account deficit & net foreign debt. This rising interest bill to service debt has huge implications for residents. Particularly given the UK is running a massive Govt debt ~ 1.8 trillion GBP (86% of GDP) and current account deficit ~ 20 billion GBP Q2 2018.
    And when Brexit is implemented and these figures ratchet up by x%....Armageddon for government services, jobs, taxes etc
    Refracktion can likely advise a solution to this....
    Buy local maybe?https://www.ons.gov.uk/economy/nati...s/bulletins/balanceofpayments/apriltojune2018
    https://www.ons.gov.uk/economy/gove...rnmentdebtanddeficitforeurostatmaast/june2018
 
watchlist Created with Sketch. Add AJL (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
-0.001(12.5%)
Mkt cap ! $11.00M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $9.322K 1.331M

Buyers (Bids)

No. Vol. Price($)
6 1431833 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 146 1
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
AJL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.