AJQ 3.13% 3.1¢ armour energy limited

Hello and welcome to you, Mr New Shareholder ! Now just let me...

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  1. 95 Posts.
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    Hello and welcome to you, Mr New Shareholder !

    Now just let me dilute you, even though we said we wouldn't be doing this (another CR).

    Sure it is all about timing, and buyer beware, but I did my Research and Compny has just taken out a refinance loan and received a free Gov't grant in the Millions, plus NM said there would probably be no need for another Cap Raise... Well that commitment lasted a long time !

    I purposely avoided Empire Energy due to their perennial Cap Raisings, is Armour going to go down this path as well ? No matter what option they decide to take with Far North Qld, it will cost a lot. I was thinking this might be funded by Tribecca, but the door and temptation has now been opened to Cap Raise dilution.

    In the space of a few days I am changing my view about this stock.
 
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