AMU amadeus energy limited

rdogwas just about to post re bot. Has swung round to the buy...

  1. 3,849 Posts.
    rdog

    was just about to post re bot. Has swung round to the buy side now. And has been forced to lift his level as well.
    Not the sign of a confident shorter. Would be nice to see a gap open up of 2 or 3 cents again (as per am today) when a buyer filled in Vquickly with a decent order.

    Also poss that another broker upgrade across the whole oil patch is lifting a few boats. What does $110 oil and $10 gas do for AMU's cashflow? Would think a few would be looking to lock some of this in too.

    Still the fact that no selling has come down to meet the bigger bids is very encouraging. Has been a while since the sellers didn't come down to meet decent buying which tells you more are feeling comfortable with both Schwing and with the 40m cashflow amu already has BEFORE schwing hits.
    In a sh*t market nice to see AMU exerting itself.

    DYOR
 
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