I see no logical reason not to be buying at these prices, there have been many letdowns for the short term but the value of the share you are getting for this price is great. Patience is required if you ever want to see massive gains in the speculative investment game, if the share is already pumping when you buy in this game it's likely already too late. The maths is in on this one as long as the IPO goes ahead which I believe will considering recent announcements, just unfortunate it's taking longer than we had hoped. With the new improved business structure, there is potential to turn Armour and McArthur into a long term viable businesses with a lot of upsides we just need the management team to use this opportunity to move foward and continue pressing on with the long terms plans announced in the previous presentations. Rome was not built in a day, neither is the fate for your wealth or this company.
AJQ Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held