Ann: Half Yearly Report and Accounts, page-21

Agree there looks to be a good upside for O & G companies like Santos who have been beaten up in the current market turmoil.

However, the loss making and underperforming penny stocks like Armour will be the casualties... mind you the perpetual downward trend performance of AJQ demonstrates it would most likely have crashed regardless of the current market conditions.

What has surprised me is a Company like Santos could easily take us over for a few cents... and yet they choose not to. I guess they are waiting to see what happens, there may be some bargain elements to pick over later.

GLTH