AMU 0.00% 21.0¢ amadeus energy limited

nearly there, page-4

  1. MJS
    2,280 Posts.
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    I don't know how to post charts, but look at the 3 yr chart for AMU. 65 cents is a very strong support (or 60 / 61 cents if looking at intraday figures). Combined with the fundamentals of this stock (good cash flow) it is very hard to see this fall much from current levels. The primary caveat (as there is always at least one) is if the current drilling hits more sand and the market reacts badly. However, if the holes hits anything positive this is a strong pad to launch from.

    MJS
 
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Currently unlisted public company.

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