AJQ 3.13% 3.1¢ armour energy limited

Chairman underwriting rights issue, page-13

  1. 411 Posts.
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    fair call f'dwarves. But what was new ? That they are continuing Flow Back Operations and gas flows were unstable.... geez that's a surprise (not).

    The only bit of real info was that the contractor stuffed up the measuring of the instantaneous flow rate. They needed to inform the market of that given it was out 15%. At the end of the day they are still going to production and hopefully they do get all the work complete in September.

    I was happy to buy more shares today at 10c - thanks to the sellers, I will be back for more in the morning and hoping to see below 10c for that parcel.

    Also interesting that it appears that the big C/N holders have elected not to convert.
 
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