AMU amadeus energy limited

share buy back announced, page-55

  1. 630 Posts.
    have to agree
    point of buyback is to buyback as cheap as possible

    i wasnt aware (until today) that they have an upper sp limit for buyback based on avge sp over past 5 days, this is a rolling target based on last 5 days trade, so no massive line clearing just prudent accumulation.
    With POO hovering around US$100 AMU should see a large turnaround in their hedge adjustments
 
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