A substantial part of any business is to accumulate assets and sell them at a profit. While AJQ has been spending large sums most of this spending has gone into increasing strategic assets and building infrastructure, which includes fracturing new and existing wells and especially bringing into production zones ignored by previous owners. Debt has decreased remarkably and production and sales are heading slowly but solidly upwards. Financial analysts are suggesting that AJQ will be in profit by the end of 2021 so I find it very difficult to understand some of the virulent criticism posted.
- Forums
- ASX - By Stock
- Ann: Surat 2020 Work Programme Update
A substantial part of any business is to accumulate assets and...
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AJQ (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.31M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
AJQ (ASX) Chart |
Day chart unavailable