AJQ armour energy limited

Ann: Funding and Operations Update, page-4

  1. 438 Posts.
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    Because AJQ doesnt have much going for it? Him leaving tells the market someone is jumping ship which doesn't exactly scream confidence.

    I don't hold anymore and had high hopes for armour, sadly due to poor decisions and results this company is now trading below 1c a share and, IMO, will struggle to recover.

    Too much debt, cannot manage a spin off, and nothing much coming from existing wells. Not much upside sorry.

    Everything I read in ANN's is about Potential which tells me they just hope to find a good discovery.

    Its in my opinion that this will not help you retire early.

    sorry.

 
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