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10.0¢ armour energy limited

Yes AJQ spill the beans. I'm taking this to the ASX to get them...

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10,508 Posts.

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05/12/19

19:49

Post #: 41821507
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Originally posted by Large Portions ↑

I also thought we would get just a bit of a bump after the last Announcement, but alas we remain firmly rooted in penny stock territory.

Without question our share price growth will come as/ if/ when we declare a net profit, this is the key. I also think the delay in the next SPP (this time to retail shareholders) is acting as a handbrake. Investors want to know how many more shares will be issued (for the dilution factor), but also retail shareholders must be thinking (as I am) that why should we buy shares at a higher price than 5c.... because this is the price that will be offered to us in a coming SPP.

Btw... it would be good of the Company to clarify for Retail Shareholders when the date will be for the SPP.

GLTH

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Yes AJQ spill the beans.

I'm taking this to the ASX to get them to issue a please explain !

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AJQ Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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