AMU amadeus energy limited

hard to tell their next move skitz, but my guess is they will...

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    hard to tell their next move skitz, but my guess is they will just keep plugging away and do what their doing until theirs some stability in the markets and poo. They seem to be in one of those horrid catch 22 situations where their market cap is too small to attract any big buyers and without big buyers the market caps going nowhere. Let's face it, apart from wylie who else is on board? The buy back money could of been used to pay down debt but personally I don't think the 8mil would of put a big enough hole in the debt to make much difference. The buy back may pay dividends in the longer term nut up till now it's done zilcho for the sp. Correction, for the appreciation of the sp I should say. Dread to think where the so would be now without it. I think down the road with a couple of big wells under their belt they will have to look at a dividend to get instos and long term holders on board. In the meantime I just wait.
 
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