AMU amadeus energy limited

OzgemLooks pretty grim to me. Not considering a re-entry. If you...

  1. 331 Posts.
    Ozgem

    Looks pretty grim to me. Not considering a re-entry. If you ask my opinion it will relentlessly drift lower on low volume - below 20c. No reason for new buyers (including me). I don't think their high risk exploration is sensible in the current environment.

    Time will tell, but until macro conditions improve and cashflow, debt refinancing and exploration transparency improves I am staying out of AMU - already been burnt, I have learnt my (very expensive)lesson.

    Just my opinion
    Monty
 
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