AJQ 3.13% 3.1¢ armour energy limited

Ann: Operational Update - Myall Creek Well 5A, page-27

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  1. 923 Posts.
    lightbulb Created with Sketch. 101
    Lol, how do you not know this ? It is an Accounting standard that every Company strives to achieve. It is basically booking more Revenue than Expenses, during a particular period - Eg per quarter, half year, or better still annually.

    It is what every sensible Company and Shareholder wants to see.

    GLTH
 
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