AJQ armour energy limited
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AJQ to receive substantial cash rebate

  1. Rowin
    266 Posts.
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    14/01/15
    10:53
    Post #: 14580878
    Great News, AJQ are now to receive a substantial cash rebate in this current quarter. This will strengthen  their balance sheet and take of pressure for any capital raisings that the market was expecting. Great result!

    According to a Bell Potter Report last year, the upcoming rebate is expected to be  between in the order of $9-11m! A rebate that possibly be 75% of the companies market cap.........share price.........?

    I expect some interest to come back to AJQ as a result
    http://www.google.com.au/url?sa=t&r...2CQhSCzTDvuIrRal1YDmQsg&bvm=bv.83640239,d.dGY
    AJQ Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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