AJQ armour energy limited

i wont touch it, page-7

  1. 8,729 Posts.
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    Good reply T4P......I am inclined to agree with all you say in that last post.As for the news item,yea,take it with a grain of salt.My aim was to make traders/investors aware of the stories going around regarding Australian gas companies....they all seem to be out of favour at the moment and stories like this possibly sum up the views of investors/traders....and that IS what counts.If people have a view on cost overuns/difficulty in getting projects up and running on time/long term viability/overseas competition,then they will be less inclined to take a position in a gas explorer/developer/producer while that view prevails......whether correct or incorrect.

    Because most of the gas companies are on the 'backfoot' at the moment,I think it is a more plausible explanation of the lack of interest in AJQ is related to the SECTOR than that of who or who not is on the register and their
    buying/selling patterns.


    Anyway......always enjoy your input...good luck,and me,myself will keep an eye out to rejoin AJQ when the mood changes.

 
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