AMU amadeus energy limited

Staying on the sidelines a good idea as a rule here proxylady,...

  1. nk
    3,192 Posts.
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    Staying on the sidelines a good idea as a rule here proxylady, but I am just taking a value approach and will buy the weakness from 25 down, though I wont buy again unless 22.5 is hit. I am happy to hold out for a year.

    Great assets, grade C management

    $25million in the bank, cash flow positive and a $30million line of credit. An ambitious competent management team could really work magic with that.

    Not this one though
 
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