AMU
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0.00% 21.0¢ amadeus energy limited

reserves report, page-6

  1. Sharetrader78
    12,821 Posts.
    lightbulb Created with Sketch. 1834
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    19/08/10
    08:48
    Post #: 7036102
    An whats going be a fair offer AMU
    some rough calcs
    2p Gas $2mmcf =$20m
    2p Oil@30bbl =$300m

    other assets TNT engineering+exploration grounds
    ======== $20m

    so say the have a very low total fair assets value of ========= 340mill less debt 40mill

    ============= 300mill?? which seems crazy with the current Market cap only $72mill so no wonder there's Bidders keen even if they had to pay 50c they would still be getting the assets cheap

    Might have to buy some more
    AMU Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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