AJQ armour energy limited

Share price drop seems like a bid of an overreaction to just the...

  1. 2,162 Posts.
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    Share price drop seems like a bid of an overreaction to just the CEO going. Was he really worth a loss of 1/3rd of AJQ MC? I doubt it.

    NM hasn't been able to get Surat Basin tenements to work profitably since they thought they had taken Kincora off Origin for a steal. Nevertheless a lot of work has been done there over the years and it looks like they could be close to making it work. There is a fir bit of talent in the company's field operators.
 
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Currently unlisted public company.

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