AMU amadeus energy limited

nothing wrong with your strategy george except that it includes...

  1. 630 Posts.
    nothing wrong with your strategy george except that it includes the spreading of unsubstantiated rumours and trashtalking solid companies. Morally and ethically a very low approach imo
    To your credit you successfully identified a severely undervalued company. Future growth can be achieved by development drilling (as opposed to exploration drilling) and revenue growth can be achieved thru improving commodity prices.

    I am sure that the prospect of a wholesale trade sale and return of capital in the order of $1.50 per share would be appealing to some. Particularly if in the meantime the company continues to reduce its debt and buyback its own shares.
    Obviously the value of a trade sale would be effected by many factors including POO and exchange rates but it should be remembered that these are very long life assets and should attract a premium imo
 
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