AJQ 3.13% 3.1¢ armour energy limited

Ann: Operational Update - Myall Creek Well 4A, page-18

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  1. 1,261 Posts.
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    Shareholders and underwriters (Mather) just bought 101293720 shares at 10c and in spite of a reasonable assumption that the big fellas are not going to lose on their investment there are sellers at .093 with no buyers. Perhaps there aren't enough on sale to attract a serious buyer but by the same token the small investor isn't very interested either. Doldrums.
 
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