Australia's largest stock trading and investment forum Australia's #1 stock forum

AJQ

Click for more information

0.00%

10.0¢ armour energy limited

Study the game of cups then a company's largest shareholders and...

First 10 Last

Share
Profile

Follow
Plext

10,478 Posts.

1241

05/07/23

14:07

Post #: 68633818
Share

Originally posted by kerada ↑

Would be a bit worried if I was a shareholder. Last cap raising was to cover coupon and Principal payment due 29th June for secured notes and other corporate activities. Principal wasnt paid and they asked Trustee to release money from reserve account to cover coupon amount. Non payment of principal is a default under the note terms. I assume noteholders will be asked again for more time. They may decide to give up on all these promises about the future. Like to know where all the money raised has gone

Expand

Study the game of cups then a company's largest shareholders and come back.

AJQ Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 24 more messages in this thread...

First 10 Last

Add AJQ (ASX) to my watchlist