AJQ 0.00% 10.0¢ armour energy limited

Ann: Suspension from Official Quotation, page-10

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  1. 2,274 Posts.
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    Having read all the comments I'd like to point out that AJQ on Dec 1st will receive almost double the price for it's gas. My estimate is an annual income of ~$25-30 million. The infrastructure of AJQ is highly valuable not to mention the huge land holdings. Plus the Victorian well which has (IMO) 99% of striking commercial gas and not to forget Uganda..
    I think if the receivers do their job well there should be a very good chance of a reasonable price being negotiated. DYOR
 
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