AJQ 3.13% 3.1¢ armour energy limited

AJQ is one of DGR's sponsored companies that they develop up...

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  1. 4,142 Posts.
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    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 !
 
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Currently unlisted public company.

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