AMU amadeus energy limited

share buy back announced, page-70

  1. 7,580 Posts.
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    Can anyone shed some light on what the financial impact of the incredible drop in the A$ and drop to $90US/BOO, means for AMU. I would have thought this is not such a bad thing for AMU. At these levels, I expect a very strong 1st half profit result, boosted by a reversal in that very strange accounting adjustment for their hedging. any comments?
 
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Currently unlisted public company.

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