AMU amadeus energy limited
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  1. Cincinnati Red
    2,899 Posts.
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    14/11/05
    11:45
    Post #: 1222528
    I think the SPP take-up may have been less than expexted. From the announcement they had subscriptions for 8.3m shares ... from my memory I thought they were expecting the SPP to raise $16m so it would appear that the take up was only around 50%. Considering the shares were 120ish when the SPP was announced that is pretty poor.

    Gas prices have also collapsed in recent days in USA ... from $14 to $8.50 ... continued warmer than average weather so far this autumn.

    Good buying soon IMHO
    AMU Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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