AMU 0.00% 21.0¢ amadeus energy limited

takeover?, page-9

  1. 8,928 Posts.
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    Estimates of what their assets may be worth are well and good but no doubt whoever it is will e wanting them cheap. Couple of dangers here, they sell out too cheap or the sp gets pumped up on hype and management reject all offers, sp will be back at 18 in a big hurry.With current sp at 22 cents(market cap of 66million) do you think someone would pay 50-60 cents? 180 million!It's a big jump. But if they want them bad enough why not.
 
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