AMU amadeus energy limited

glum outlook for amu.

  1. 2,076 Posts.
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    as a previous advocate of the company i've now gone cold.

    i dont think it is a good idea to be holding an american asset when its value is spiralling steadilly downwards.

    also with the financial outlook for most advanced western eonomies being extremely glum i think that the price of oil will head downwards in the near future as in the the gfc.

    then there is the convertion of what's left of the reduced profits back into $A .

    gk.
 
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Currently unlisted public company.

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