AJQ 0.00% 10.0¢ armour energy limited

I guess no one really knows about how this company will perform...

  1. 1,523 Posts.
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    I guess no one really knows about how this company will perform
    post consolidation.However, nice to see someone establishing a market
    for the Feb 24 Options at around 2% [0.003] of the post consolidation ask expectation
    of around 5c [ 50x 0.001}. The company has virtually set up a give away
    on the Options by early consolidation.Without any strong operational successes
    to support a main share price dynamic going forward, the s/p will be nowhere near required
    $2-$3/share over next 6 months..The company also now has to compete with perhaps better
    regarded similar stocks in this space such as TBN,COI,COE in the sub 20c range....


    Cheers
 
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