AMU amadeus energy limited

I have thought for a while that what this Co needs is a...

  1. 630 Posts.
    I have thought for a while that what this Co needs is a "watershed" moment, we have discussed ad infinitum what it could be that is holding the company sp back, certainly there isnt much holding the business itself back as we all realise the fundamentals are very good.

    Although the sp is being smothered atm by the issue of an spp, one i believe will be overwhelmingly undersubscribed and imo was unnecessarily forced upon us by a group of disgruntled shareholders, i think now that the company and its sp may be able to move forward.

    We have some changes at board level
    We have reduced debt
    We have fresh shareholders and support via Hartleys
    We have a well funded exploration and development program
    We have improving commodity prices
    We have fresh initiatives from management like the proposed takeover of TNT which should have immediate benefits
    Disgruntled shareholders have forced some of these changes and i suppose that was inevitable given sp performance, and imo could prove to be the defining turnaround moment for AMU.

    AGM tomorrow will be very interesting, look forward to hearing managements commentary and to see what any shareholders have to say.
 
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Currently unlisted public company.

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