AJQ 3.13% 3.1¢ armour energy limited

Ann: Corporate Bond Financing Offer Update, page-11

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  1. 4,717 Posts.
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    yes, i think they have done very well to get out of a sticky situation by minimising dilution - I think there is a time for me to offload a few (10.5 and 11) as I have got a bit tired of their disappointing flow rates and I am wary of cash flows etc others know more than me but the wells have been expensive so far and flow rates are still not great - I know they are now making good income but still think a way off a profit! each to their own

    still have a few and have plenty dgr!
 
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