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10.0¢ armour energy limited

Ann: Quarterly Activities Report, page-11

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frmen1

1,980 Posts.

158

01/02/18

20:23

Post #: 30751078
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Originally posted by orion123 ↑

Again I say why is no serious money AT ALL being directed towards AJQ. In a paid discussion with one of my accountants to find an answer to this most inadequate valuation of the company they stated that AJQ had high available monetary strength, a rapidly increasing cash flow, assets far in excess of capitalisation, almost impossibly huge potential in its' already partly proven North Qld and NT exploration permits and an extremely capable board with the most impeccable of accomplishments. They said the share price left them completely dumbfounded. No answer there, perhaps I wasted my time and money.

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Have you thought of the possibility that it may be being held down in a nice, tight little channel for 2 years whilst NT govt are playing "let's keep everyone happy"? That has been on my mind.

AJQ Price at posting: 8.6¢ Sentiment: None Disclosure: Held
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0 Great analysis

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