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could you please explain why the spin-off of the NT assets is a...

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simons77

832 Posts.

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17/06/21

13:26

Post #: 53899457
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Originally posted by hotrocks84: ↑

Definitely a lot of excitement and changes when Brad Lingo joined but it seems as though AJQ has slipped back to it's old self which is disappointing. There's no doubt that the Myall Creek acreage is a difficult area to be operating, but with the current state of the O&G market now is the time to be transforming the company. IMO the spin off of the NT assets is a mistake and really turns AJQ into a massive liability rather than a big opportunity. I wish AJQ and the holders all the best and really do hope I'm proven wrong, but as someone who likes to invest in speculative O&G stocks this one is too far gone.

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could you please explain why the spin-off of the NT assets is a mistake and really turns AJQ into a massive liability rather than a big opportunity?
thanks

AJQ Price at posting: 2.5¢ Sentiment: None Disclosure: Held
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0 Great analysis

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could you please explain why the spin-off of the NT assets is a...

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