AMU 0.00% 21.0¢ amadeus energy limited

getting the house in order, page-3

  1. 630 Posts.
    Hi Oz
    with regards the increased drilling, i understood that they are planning a mix of 'high risk' and development drilling which obviously has a lower risk profile.
    Debt reduction will continueand drilling success and increased production will facilitate this.

    I agree that the composition of the register has been a problem and yes the seller still appears to be lurking out there, however there also appears to be a buyer(s) in the market prepared to accumulate at this level. This just needs to run its course imo.
    I was pleased to hear that some of our top 20 shareholders have been supporting the stock and increasing their holdings, this is the support we want from the register.
 
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