AJQ 3.13% 3.1¢ armour energy limited

Ann: Operational, Production and Corporate Update, page-36

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  1. 1,261 Posts.
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    Just trying to figure the current price. AJQ has ~405 million shares listed (market cap 37,000,000) latest report on EPS= -3.5c/s=-$14,175,000. Expected (guestimated) next full years earnings at expected increased production =$200,000,000. Assuming they end the year with EPS +3.5c on an average PE of 10 looks like 35c/s. There are dozens of extras but for pure speculation how'm I doing so far??
 
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