private equity predators

Interesting little mention in the Fin Review today. Story about private equity predators sharpening their fangs up to have another crack at some juicy target mentioned Amadeus Energy as a small cap that is likely to attract attention. And speculated that the "unsolicited approaches" the company talked about a while back might well be from private equity groups, some of which reportedly believe the company is undervalued by 40% at its current share price.

None of which is news to holders, of course, who sit and wonder why this stock seems to be eternally stuck in neutral. It sounds like one way or another a rerating could be coming. The only question is when.