AJQ 3.13% 3.1¢ armour energy limited

Ann: Full Year Statutory Accounts, page-8

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  1. 69 Posts.
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    I don’t know what all that means but i’ll take your word for it.
    I personally bought AJQ because the market cap looked cheap compared to other oil and gas plays that had run hard like GLL, CVN etc and they were producing and selling gas so I thought that there was a decent margin of safety in the SP.
    While I hold this stock, i’m sitting on the bench on whether I continue to hold as I find these guys have gone quiet since the raising while pre raising there was all these 4A announcements to push the SP up.
    Feels a bit manipulated but I don’t know anything about this sector apart from reading their updates so I could be wrong.
    Was always a fan of SXY so was hoping for an earlier stage SXY with AJQ.
 
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