AJQ
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0.00% 10.0¢ armour energy limited

Ann: Proposed Demerger of Northern Basin Oil & Gas Business, page-19

  1. orion123
    2,269 Posts.
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    04/03/21
    16:55
    Post #: 51525336
    I could be interpreting this wrong but I see the in specie distribution of share in McArthur to existing shareholders of AJQ where AJQ is retaining 33% of McArthurs assets as AJQ shareholders receiving shares in McArthur free for nothing as well as being given preference to buy shares in the IPO. Am I correct or completely off the planet?
    AJQ Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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