AJQ 3.13% 3.1¢ armour energy limited

Ann: Kincora Project Reserves and Resources Upgrades, page-23

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  1. 923 Posts.
    lightbulb Created with Sketch. 101
    It is worth having a look at the longer term charts for a more accurate representation.... unfortunately, the Share price has actually trended downwards long term, with a slight kick up from the Cap Raise, which was issued at a discount to the market.

    Having said that, virtually all the posters on here are confounded that the Share price base is not at least $0.10c, rather than struggling to hit the $0.10c mark and stay there and above.

    Mind you, we are an excited bunch who comment and post as though this is a shorter term stock than what it is. As I constantly point out, it is not yet a profitable business, the business is in growth phase. Net profit must be demonstrated in the short, medium & longer terms for the Shares to really take off. Simples.

    I think this is one of the best times to buy, even better than a couple of years ago, as we are that much more advanced.

    GLTH
 
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