AJQ 3.13% 3.1¢ armour energy limited

Ann: Quarterly Cashflow Report, page-8

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  1. 923 Posts.
    lightbulb Created with Sketch. 101
    A nice Quarterly with positive updates. There has been growth in both output and cash receipts. Tick.

    As for the reason/s the Share Price is yet to grow, there are a number of reasons for this, I have outlined some of the reasons previously, not sure if it is worth my pointing these things out unless there is genuine interest.

    So, over to you guys : - I know that a careful line by line examination of the latest Quarterly Cashflow Statement might be considered boring, but it is interesting in what it reveals. I have an accounting background, but I don't think one needs this if you carefully review the document ..... it will reveal to you two (2) of the reasons as to why the Share Price is currently languishing.

    BTW, I will be a much more wealthy man when AJQ shares go up in value, I massively want this to happen, but I can see that this will take a while.

    GLTH
 
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