Takeover offer?!, page-106

From the recent AJQ announcement on the acquisition of Roma Shelf "Armour estimates the replacement value of the infrastructure at over $250m".


I believe the acquisition sent a pretty clear message to all shareholders (and wanna be major shareholders aka Westside) : That alone add almost another 75 cents to the current undervalued AJQ's share price (250 m dollar against 300 million shares).

It marked the transition for AJQ to become gas/oil producer. As Wejier correctly said "And all this comes at a time of a rapid increase in demand in the east coast gas market. This will transform our company". The new chapter, indeed.