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

Voluntary Administration, page-13

First 13 Last

Share
Profile

Follow
lover

617 Posts.

65

10/07/23

09:01

Post #: 68700090
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

Someone doesn't agree with you up for 2.5m on open at .4c

AJQ Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

MGU

New results confirm Buena Vista's iron grades potential

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

There are more pages in this discussion • 21 more messages in this thread...

First 13 Last

Add AJQ (ASX) to my watchlist