The Company, clearly does not seem to currently have the capacity, at Board level, to drive AJQ as a serious value opportunity for investors.. in the gas sector. The current s/p via ASX says it all....!
.This is despite the Company spending money on outside historical Reports that have concluded that AJQ has the portfolio to deliver at potentially well above the Board's current pace of operations and in turn offer a signifigant uplift in share price etc..
Top shareholders, despite now providing the bulk of recent re cap finance, seem to have to live with a s/p heading towards 5c or sub 0.002c pre consolidation..!! leaving finance providers under water...with little prospect so far for redemption..!!
Cheers [ or maybe not]
AJQ Price at posting:
9.0¢ Sentiment: None Disclosure: Held