AJQ armour energy limited

Pat....the problem you may have here is that AJQ has nothing to...

  1. 1,636 Posts.
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    Pat....the problem you may have here is that AJQ has nothing to offer post
    consolidation in regard to a meaningful growth story. The share consolidation
    means nothing in regard to a change in investor sentiment.

    My opinion is, based on current poor investor sentiment, expect a starting
    buy at around 5c post consolidation...as potential investors will be looking
    to lower entry level share price further despite the 50:1 consolidation...!!

    After all, the company has not given any indication in Announcements to suggest
    that the Board is currently "on top of things" regarding operational matters other
    than providing a loose time frame for projects that could make a difference to sentiment.

    Cheers
 
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Currently unlisted public company.

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