AJ Lucas Struggles To Raise Capital Amid UK Fracking Ban
Investors have ignored AJ Lucas’ latest attempt to raise money for its UK oil and gas exploration efforts.
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AJ Lucas Shares Slammed On Funding Shortfall
Shares in would be UK fracker, AJ Lucas Group copped a hiding yesterday, plunging 25.5% to 6.7 cents at the close after it revealed a huge shortfall from shareholders to its latest fundraising.
Read MoreAJ Lucas Will Have First Half Loss
Shares in AJ Lucas Group fell more than 10% after the company told shareholders to brace themselves for disappointing half-year results.
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