AMU amadeus energy limited

hy09 net profit after tax up 1445 percent, page-4

  1. 630 Posts.
    yes oil production down 5% but we know that was due to part sale of Raccoon bend overall production (O & G) up, and as you point out we know that some pretty large targets have been successfully drilled of late with good flow rates. This should significantly increase the oil production figure.
    agree market very hard to please atm nothing seems to cut it.
    Investor shell shock ??
    On the debt/asset side the NTA figure was 67 cps that sits pretty comfy with me, imo these are the types of numbers investors should be looking at to determine whether AMU under/over valued and ofcourse we all know it is well undervalued on many metrics
    Assume we will hear more on the review in the next month
 
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