AMU amadeus energy limited

expect a big half with gas at 13 plus, page-8

  1. 9,031 Posts.
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    Typical reaction today with the slip in oil overnight. People forget that even oil at 90 they are still raking it in. As I thought though they will react to the price of oil. Looking for value in the market/sector they have still a long way to go to catch the sector average pe of around 23. Which I think would take them to around $2.40. Not expecting that of course, but should be a lot higher. Plenty of news on the way also. By the way correspondence with shareholders has improved greatly since Mr Wells came on board.
 
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