Oz clearly yr right... if they had an idea they'd be doing something.
Perhaps releasing the P1/P2, updating the market on the polymer programme, even a upgrade based on where the Mar qtr's production must? be.
Maybe they could flog off the balance of Racoon Bend or any of the other lower grade propeties and reduce debt. Perhaps even a statement of production across all the properties. Perhaps the GM could get on here and re-assure the market? lol. .
If you go back thru the announcements over a long period of time AMU has all but stopped releasing real info other than at the AGM.
At these levels maybe they could even re-start the buyback. 50cps is disgracelful
Sure its one thing to be afraid of a hostile TO.. its another altogether to allow the SP to trade at levels where one is guaranteed.
MY opinion only.
AMU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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