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0.7¢ aj lucas group limited

News: AJL UPDATE 1-Cuadrilla pauses gas fracking at English site after more tremors, page-47

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tgn01

1,861 Posts.

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22/12/18

10:20

Post #: 36943057
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Originally posted by Quiono ↑

Originally posted by tgn01
So what risks have arisen since last month where the sp was higher than today except that they have just completed fracking and Cuadrilla CEO publicly announced he is "hugely encouraged" and" their work has lead to the most extraordinary find."
Then why sp is falling as Cuadrilla progress forward?? Can anyone point out with a decent honest arguement?
I can only see that someone is manipulating a panic sell.
We have done the Political risk element, so other factors could include the collapse in the oil price. Lots of people that own leveraged shares do not carry them through the year end.

imo the first one has been the major contributor. The others, along with a risk off market, have caused the rest.
conspiracy theories about manipulation in a stock like this are not really credible.

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I agree with the possibility of the second argument about leveraged shares. But falling oil price cant be a reason because AJL is not producing and dont have reserves. Political risks have been there since fracking begun. Overall risks in AJL is pretty much the same as it was 2month ago. If not less as Cuadrilla completed fracking and about to flow test.

AJL Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
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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

No.	Vol.	Price($)
1	333	0.092
1	50000	0.091
2	370000	0.090
2	53025	0.080
1	14488	0.051

Price($)	Vol.	No.
0.105	28326	1
0.110	13499	1
0.115	30000	1
0.120	37500	2
0.125	35315	2

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