Ann: Appendix 3B, page-10

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18/11/18

21:22

Post #: 36550265
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Originally posted by bm3121 ↑

Have been waiting for Maher's Director's Notice of holdings to be released also. NM has picked up a substantial percentage of AJQ in being the underwriter for last capital raising. Would have also picked up shortfall left over from DGR which didn't take up it's full entitlement. NM is very cagey in releasing how many shares and from last announcement from company concerning this CR had only handed over just over 3 million dollars of what should have been nearly 5 million. I wonder if he has come to a gentleman's agreement (as CEO) for the rest of the money owed. Posters have commented when BHP bought its last purchase of SOLG at a premium 45pence. They surmised that should BHP have bought similar number of shares on open market it would have had to pay a heck of a lot more. NM, though his slight of hand, has achieved even more and I am not convinced he has actually paid for all of them.....hence the no release. He has picked a greater percentage of AJQ than BHP knowing all the ins and outs of company, together with soon after post CR release information concerning drilling results and new leases being awarded, (him being the CEO of DGR, AJQ, SOLG, etc.). This is how he manipulates the markets and steadily increases his own holdings. Too much power of influence.

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quarterly activities report noted that $3.6m was received from underwriter in oct and balance (670k) was to be received early Nov.

AJQ Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
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Ann: Appendix 3B, page-10

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