AMU amadeus energy limited

Pathetic is correct.Who benefited from all the share buybacks.I...

  1. 6,730 Posts.
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    Pathetic is correct.
    Who benefited from all the share buybacks.
    I thought buybacks were supposed to reduce shares and thus increase the PE,not in this case.
    Most definitely the cash should have been used to reduce debt at lower rates,who advised them to buyback the shares.... bet i know.
    The market knows best,if someone wants to take this out they are playing a patient game.
    I dont hold many but i still come and look now and again,everything on paper says this should be over $1.
    Havent heard boo from AP,would think Howard getting shafted would make him happy.
    Sick of hearing this is the cheapest junior oiler.
 
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