AMU amadeus energy limited

hmmm..frustrating indeed.As much as I think the Co and the...

  1. 3,849 Posts.
    hmmm..

    frustrating indeed.

    As much as I think the Co and the assets are way undervalued. The SP performance over the last 2 years has been abysmal.

    Overlay a AMU chart against almost any other small oiler and it's disapointing at the least.
    Question is what is the Co's response. While Schwing may indeed turn out to be an oil producer, where is:

    the P1 report... its now been months since it was supposed to be released
    The strategic review by RBC.. whats been done?
    An update... any update on the Polymer program.
    Any Co. reponse to the continued shorting which today has seen the stock back at 52cps. (Are there NO friendlies willing to support the stock -brokers?)
    Any attempt to realise some value from the mess that is now ARW.
    etc etc

    Did we see how much the Co. really understands the market last week when they announced not only that schwing (whose expectations they themselves had lifted) wasn't going to be what we'd hoped but also another duster in an oil development - and NOTHING else at all?

    Was there nothing else positive in the cupboard...?

    To my way of thinking would have been an ideal time to actually make an announcement on either the RBC front or even the P1 update.

    Is AMU the only producer who doesn't bother keeping the market informed WRT P1/P2 reserves etc?

    These are questions the Co. should answer. At the very least in the forthcoming quarterly.

    Still a buyer - but now asking questions. And yes I've asked the Co. the same things.

    DYOR
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.