AJQ 0.00% 10.0¢ armour energy limited

Armour has assets far exceeding it's liabilities and with the...

  1. 2,231 Posts.
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    Armour has assets far exceeding it's liabilities and with the increase in the gas price we'll receive after 1st Dec Armour should be cash positive. What's holding the share price near zero is the 50-1 reduction. I've never in 50 odd years of trading ever seen a reduction come positive.
 
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