AJQ 3.13% 3.1¢ armour energy limited

Ann: Myall Creek Well Update, page-8

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  1. 1,261 Posts.
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    I think I've discovered why the SP is in the doldrums. There's a company analyses floating about written by an American firm calling itself Wall St. (something or other) which says that AJQ is overwhelmed by debt, is not making enough income to pay debts, probably will be overwhelmed by more debts and has no positive future etc etc . Now if this mob and the likes of Vector Vest and not to mention a few others who class themselves as great gurus put a bad (and mostly outdated and erroneous) spin on AJQ enough investors will believe them. These fortune tellers want us to believe that they are the worlds' bets stockpickers and will make us all wealthy beyond our wildest dreams if only we smarten up and subscribe to their newsletters. So my question to them is if they're so good at making huge fortunes by picking stocks why in hell do they bother chasing 2-bit subscriptions?? Anyone of knowledge who evaluates the significance of this latest well will tell you that not only will it be a significant contributor to the good fortunes of AJQ but that the entire field will now be revalued and probably old wells be re-entered to secure production from the entire 300 metre column and not just one section.
 
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