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AUSTRALIA

Kerogen takes bigger Lucas stake

CONTRACTOR AJ Lucas has raised $30 million by issuing shares to its biggest shareholder at a healthy premium to its market price.

Kerogen takes bigger Lucas stake

Oil and gas-focused Hong Kong investment company Kerogen has bought more than 22 million shares at $1.35, well above the current market value of AJ Lucas shares, which were at 74c on Friday. The placement...

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