Mathers on the board of AJQ and DGR. I believe he will have made contact with the AJQ receivers.
I believe we will be paid out for the DGR notes issued to AJQ and will receive more if the vast gas resources, plant and equipment and assets like the Newstead gas storage facility realize their intrinsic value. Even just getting 21mill for the notes transforms DGR. Our shares in Atlantic at the new bid price less the loan secured against them should yield a few more million also.
A bidder may still emerge for the whole of AJQ
The big prize is to get 50p plus for our 204 mill Solg shares giving us nearly AUD200mill.
Ann: Armour Energy Acknowledgement, page-27
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Last
1.3¢ |
Change
-0.003(18.8%) |
Mkt cap ! $13.56M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $2.862K | 219.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24245 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 90818 | 1 |
View Market Depth
| Last trade - 12.17pm 22/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
-0.003 ( 13.3 %) |
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.3¢ | 30740 | ||
| Last updated 11.40am 22/05/2024 ? | |||||
| DGR (ASX) Chart |