AJQ 0.00% 2.1¢ armour energy limited

Perhaps the underwriter of this capital raising, Bizzell, has...

  1. 767 Posts.
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    Perhaps the underwriter of this capital raising, Bizzell, has realized he may have to come up with a huge amount for shortfall from retail investors not taking up their entitlement. I for one am not doing so which leaves some 200,000 still in the kitty to be shared by others or as last resort, Bizzell. How long ago was it that this company had a capital raising at 10cent levels to see it fall almost immediately to sub 5 cents to now current 1.9cps levels. Poor management once again seen across the whole range of companies under Mather. Leaves the asset potential of AJQ open for a very lucrative takeover down the track at a very, very cheap price. That frmen1 is how our management team operates.....the white knight coming to the rescue, when all the average investors have been sorely burnt.
    Give Mather and the rest of his yes men the shove and get some management that actually fulfill their legal and corporate responsibilities to all the shareholders.
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