AJQ armour energy limited

Ann: Funding and Operations Update, page-6

  1. 1,017 Posts.
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    You have to be kidding that Mather is doing a 'much better job.' Have a look at all the companies that Mather has absolute power over and see how long term investors are fairing. Absolute delusional to think that he is doing anything other than feathering his own, and a few select henchman, nest by pig swilling from the money trough of each of these companies. Huge salaries from each while riding them all into the ground. Management decisions that are basically made from lies and false perceptions, all the while he and his cohorts fleece up more and more. How many of the investors in AJQ are making anything from their investment......6.8c to now 0.006c p/s. Australia's perceived largest deposit of tin resource and what.....0.001c. Go through the list of other companies. SOLG, our leading company within the 10th largest deposit of gold, silver and copper, discovered and see how his management strategy has left investors. No wonder BHP, Newcrest and his partner, Cornerstone all want him out. Too many mates on boards under his control so no accountability whatsoever. His strategy has seen our companies leaving one of the greatest bull markets in resources with not one of them making any profit from initial listings prices while Mather hoovers up shares at the lowest prices. Yes he did buy a bunch of DGR options at above market price, but did he bother to tell the rest of us his reasoning and allow market forces to control the value. No his self interest and that of his mates are foremost and bugger the rest of us. How much control did Lingo have in AJQ actually have with Mather's influence controlling everything?
 
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