AJL 12.5% 0.7¢ aj lucas group limited

It is a complete shot in the dark and speculative buy. My...

  1. 160 Posts.
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    It is a complete shot in the dark and speculative buy. My reasons are:
    1. TLS still to be reviewed and waiting for the all clear;
    2. I hear your frustration regarding management but they are also waiting on my first point.

    Yes the prize is big, yes results are good so far albeit limited testing, however we are at the mercy of the regulators.

    Quiono, I am also deep in the red now (a few months ago i wasn't so deep). I am a hold. I don't think a listing on AIM will be good timing at the moment as the price realised won't be great. Unless the operating business is going up significantly, my view is that a capital raising may be on the cards at some point this year.
 
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