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10.0¢ armour energy limited

Very high volume in the drop during the last week in January and...

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coopers

4,195 Posts.

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21/03/17

23:24

Post #: 23526912
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Originally posted by r36snowbound ↑

The last week has been very nice share price wise, I am almost tempted to remind the wife that we have shares in AJQ.

The last time we spoke about it, lets just say the conversation did not end on a positive note!

I would like to see some firm policy from government regarding gas exploration and extraction methods.

How our governments let / encourage companies to invest billions in LNG export terminals and then prevent companies from exploring (and then producing) gas is beyond me. Manufacturing companies are being driven to the wall by sky rocketing energy prices. Everyone is talking about the problem, a clear and defined plan is required. If we are serious about addressing the issue, AJQ is in a very good position to benefit.

Still along way for this to play out.

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Very high volume in the drop during the last week in January and the first week in Feb. Looking better at the moment with an increase in volume going up recently. Would like to see some consolidation here before any further move though to be honest. Probably lots of stale holders who will exit shortly.

AJQ Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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