AJQ 3.13% 3.1¢ armour energy limited

Ann: Operational, Production and Corporate Update, page-17

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  1. 1,261 Posts.
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    Well frmen1 if your figure of $7.8/gj is anywhere near correct then my assumptions are pretty well O.K. and AJQ has an assumed current income of ~ $50,000,000.00 per year. That's double the capital value. Is there any logical explanation for the share price or does it just come down to "If there are more sellers than buyers the price will drop and more buyers than sellers the price will rise.... regardless of the value".
 
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Currently unlisted public company.

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