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10.0¢ armour energy limited

correct me if i am wrong ---- There is a 1 ipo share for every 3...

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583 Posts.

49

04/04/21

13:02

Post #: 52243325
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Originally posted by Malaga: ↑

Volume has arrived and price starting to move, ABOUT TIME. At 15.10 hrs yesterday volume started arriving in both heads and options. Today the volume continued and took out the d/h at 3.2 cents. With the vote on ammendments to note holders passing overwhelmingly the path is now clear. The heads are still a gift if demerger gets up then effectively 2 cents returned per share. Hopefully start of serious turnaround in fortunes.
Buy volume big bids sell side lots of minnows. Good to clean out deadwood.

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correct me if i am wrong ---- There is a 1 ipo share for every 3 ajq shares held via an inspecies distribution. ipo share worth 20c i think. if one held 2 mil ajq divide by 3 gives 666,666 ipo stock worth 20c .which is $133,333. is this correct. thx

AJQ Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
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