AMU amadeus energy limited

Like and agree with your thinking Splain. One nagging doubt is...

  1. 2,899 Posts.
    Like and agree with your thinking Splain. One nagging doubt is that the market doesn't seem to like this company a hell of a lot at present ... too boring, too predictable, all land based wells instead of more sexy offshore acreage .. I dunno but it just refuses to head higher while all the oilers around keep truckin' on. AMU was probably higher ( 86c/87c ) when oil was at $60 , now we're at $67.30 , AMU has found several more productive wells in the meantime and here we are still stuck at 85c. I see someone has just dumped 50k at 85c. Warren Buffett is always of the opinion that what 2 other people want to trade their stock at in a company you hold should never influence your situation .. sometimes it can be hard not to notice that a stock you think is heavily undervalued just refuses to be re-rated by a market that lets face it just loves oil stocks at present. Might have to go and buy some more !!
 
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Currently unlisted public company.

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