AJQ 0.00% 10.0¢ armour energy limited

Ann: Application for quotation of securities - AJQ, page-19

  1. 1,536 Posts.
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    Seems to me there is now a path for AJQ to follow to add shareholder value.
    Clearly, as far as the N.T is concerned the current portfolio may constitute some
    heavy baggage for AJQ. It would make sense then that AJQ look to off loading
    some of its N.T portfolio to the Americans such as Tamboran who have expertise
    in "fraccing' etc. but maintain a production equity arrangement..

    The fact that TBN s.p is at around 20c within it's N.T portfolio, demonstrates the company knows what it is
    doing as against AJQ at 0.004c...perhaps says something.to both the market..and AJQ..

    Cheers
 
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