AJQ 0.00% 10.0¢ armour energy limited

Pat...Sadly the company does not appear to be in the position to...

  1. 1,521 Posts.
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    Pat...Sadly the company does not appear to be in the position to be pumping
    any projects at the moment....the Company needs to get the shareholder meeting
    out of the way for obvious reasons regarding access to working capital etc...

    Sold my principle AJQ shareholding today with expectation that share consolidation will
    result in fall in share price due to management's failure to deliver any current reason
    to invest in this stock....still holding Options just in case..

    Whichever way you look at it ,the share consolidation seems a dud with the company
    having no current/short term investor appeal,and there being better investor options elsewhere...
    at a 10c-20c share price range once consolidated etc....

    Cheers
 
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