AJL 0.00% 3.8¢ aj lucas group limited

csm asset value

  1. 886 Posts.
    I continue to believe this stock is under-valued and the QGC transactions further reinforces my view. AJL has some interesting CSM assets and is in the process of assessing value and potential sale. QGC has a stake in one asset so i'm thinking the CSM assets looks a nice little bonus for the coy.
    Then if u strip those assets aside and look at the actual operating business which does drilling for CSM/ UCG, u have a business that even in todays budiness environment we have a business that is looking strong.
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