AJQ 0.00% 10.0¢ armour energy limited

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-30

  1. 2,236 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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