AJQ 3.13% 3.1¢ armour energy limited

Ann: Director Appointment/Resignation, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,142 Posts.
    lightbulb Created with Sketch. 178
    AJQ is one of DGR's sponsored companies that they develop up from an early exploration beginning [ ANW and DHR are another two that come to mind]. DGR have directors in these companies and hold 22% of the shares in AJQ plus the directors hold a certain number of shares themselves.
    The aim of DGR is to develop these companies to a worthwhile prospect and then arrange a takeover by another company who will then go on and take it to full development.
    Whether this has anything to do with the change of directors, I don't know, but it is worth remembering the role DGR could be playing in the general running of things.

    It's possible that AJQ could be ready for a takeover by some large consortium, who could swallow the debt and take it on to bigger and better things !
 
watchlist Created with Sketch. Add AJQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.