AJQ armour energy limited

Ann: Investor Presentation, page-2

  1. 2,044 Posts.
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    Honestly, I don't know how I feel about this.
    To say I'm feeling de javu would be an understatement.
    I've been holding since around 2013 and seen many CR's, always seeming to promise this 'n that, and generally I've been participating in them. I've also attempted to average down in order to hopefully one day get my money back from this investment.
    But today, I've read through with quite a cynical eye, that this is just another CR, to gain another 6 months/1 year for the company. I don't hold high hopes for Vic Otway, as long as Andrews is premier.
    My biggest drawcard is with SLB, they're very good at what they do, and to have them in our corner, as opposed to just who might be available at the time (and there's been a lot), gives me some confidence to not just disregard this CR.
    And the new management team seem intent on getting in there and accomplishing their roles for once.
    I realise that if this raise isn't taken up then we could probably wave goodbye to the company, so I'll probably consider it yet again.
    We've got a bit of time to decide.
    Anyone else got something to say?
 
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