AMU 0.00% 21.0¢ amadeus energy limited

up 14 pc on strong volume, page-3

  1. 3,849 Posts.
    If you check a 3 year chart looks interesting..
    the activity leading into the last week or so would suggest this was coming. Bollingers well and truly tightened. RSI bobbing off 30 etc.

    Other issue now is with a valuation out there for all and sundry to run the ruler over and the ever speculated short still present are we seeing the early stages of a very tight squeeze? (Not mentioning ARW)

    Interesting now trying to put an value on their exploration plays with the newly minted P3 figures. Very hard presseed to conclude these are only worth 10-11 cps.
    Either way $1 minimum without the increase in the TNT properties. Next we need something concrete on the big plays: Schwing, Hoffer, Hermes. And finally perhaps a fix for the hedging that bleeds (on paper anyway) the P&L

    DYOR
 
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