AMU amadeus energy limited

"AMU is not going to double overnight." Why not Monty? They...

  1. 9,035 Posts.
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    "AMU is not going to double overnight." Why not Monty? They halved overnight. And even if they did double from here they would still be cheap. Yep, I'm well aware of the poor market at present for this type of stock, and most others. I realise also that they have to buy on the average , but all we need is someone else to get interested and want to buy other than AMU themselves. The average lifts and AMU continue to buy, and so on. It amazes me how the sellers keep lining up, but 18mil should thin a lot out and I didn't think they would buy many either but if the price remains at these levels I think they will pick up quite a few and that can only help down the line. I don't expect them to double monty but I think 70-80 cents range even in these times is not unrealistic and attainable in the short term.
 
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Currently unlisted public company.

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