AJQ 0.00% 10.0¢ armour energy limited

Sems....I always thought that if AJQ could get above 5c/share...

  1. 1,523 Posts.
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    Sems....I always thought that if AJQ could get above 5c/share post consolidation
    the company would be doing well...and so be it at this stage.

    The problem is the company continues to operate at a loss despite Management talk
    of driving shareholder value..Clearly, Management is not focused as there still seems
    to be ongoing uncertainty at an operational level including the timing of the potential
    company maker Enterprise well before the end of this year....!!

    If the Enterprise well confirms operational expectations sooner rather than later..
    .then any loose talk so far of any buy out at "cents in the dollar" may well be
    very premature indeed..!!

    Cheers..

 
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