AMU amadeus energy limited

Ann: Results of Meeting , page-12

  1. 171 Posts.
    Company has no debt.$20m in bank earning 0.5% interest which =$100k per annum. The Kansas field they sold was giving off a net cash flow of ~$1m per month. Company had net cash flow of ~$25m back then.
    Who is providing the vision?
    Buyback not happening. No buyers rushing in.Eden sale was a joke. Anybody know what's going on? I assume the Directors have heard about continuous diclosure?
 
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Currently unlisted public company.

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