AJL 12.5% 0.7¢ aj lucas group limited

I really don’t think you get it.Brexit is only relevant because...

  1. 693 Posts.
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    I really don’t think you get it.

    Brexit is only relevant because the Ulster Unionists support the Tories. Without their support, there is likely to be an early election. They are opposed to the “Back stop” element of the Brexit deal and therefore may withdraw their support. Hence an increased chance of a 

    Labour Government and a ban on fracking.

    Secondly, you don’t have to have reserves or resources to be a “prospective” energy producer.

    AJL  Australian operation hasn’t made any money in a decade. The real value is in Cuadrilla, and that is what the MC  of AJL is based on imo. I would like to see the research that says otherwise.

    With RCR going pear shaped in the last month or so, who would pay up for an Aussie engineering company?

    I applaud your enthusiasm, but your grasp of Micro Economics and Politics is pretty poor.

 
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0.7¢
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