AJQ 3.13% 3.1¢ armour energy limited

Ann: Myall Creek Well 5A Spudded, page-27

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  1. 1,261 Posts.
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    The horrible truth is that 4 years ago when the company was nearly valueless and with no income in sight buyers were paying 25c. Now that they've got an oil and gas field producing, own pipelines, and dragging in ~ 30 million per year sellers are crying and taking ~9c.  No bloody sane economic logic in that type thinking.  
 
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Currently unlisted public company.

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