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Indebted AJL raises cash

DRILLING and services firm AJ Lucas has announced an effectively underwritten capital raising of ...

Haydn Black
Indebted AJL raises cash

The three-for-eight pro-rata non-renounceable entitlement offer, priced at $0.21 per share, will be partially underwritten by Patersons Securities. The debt-ravaged firm's two largest shareholders, Paul...

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