AJQ
Click for more information
0.00% 10.0¢ armour energy limited

Is the capital raising still needed after this deal with...

  1. borrks
    3,366 Posts.
    lightbulb Created with Sketch. 147
    clock Created with Sketch.
    11/12/19
    13:58
    Post #: 41911695
    Is the capital raising still needed after this deal with Santos?

    I would have thought that deal means the need for working capital has now gone. In return Santos got 70% ownership.

    Isn't that the trade-off we just made?


    AJQ Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

HVN Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24
right-arrow Created with Sketch.
NEWS Government spend has to stop or interest rates must rise, property expert
right-arrow Created with Sketch.
FMG FMG reports third highest earnings in history on strong iron ore sales
right-arrow Created with Sketch.
EMR Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau
right-arrow Created with Sketch.
NEWS Reporting Wrap 28 Aug: Tabcorp slammed, Woolworths' soft gains; Nine; Lynas & APA Group
right-arrow Created with Sketch.
NEWS Inflation cools in the 12 months to July, on-target reading of 3.5%
right-arrow Created with Sketch.
watchlist Created with Sketch. Add AJQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.