AMU amadeus energy limited

share buy back announced, page-3

  1. 9,031 Posts.
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    I'm happy with any attempt at boosting shareholder value as long as it doesn't impact the business. Can't see any negatives here in that respect, taking 10% out of the market. 18mil shares is a handy figure given the poor volumes traded in AMU. Question is , how high will they continue to buy till, if as usual they can pull the pin at anytinme on this. They quoted 46 cents in the announcement.They won't get them for that.This must of come out of the strategic review. Is this a better option to paying a divi? I think so. At least we know now there's a buyer out there.LOL
 
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Currently unlisted public company.

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