AMU amadeus energy limited
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Problem for SP is the lower end of the market is running now and...

  1. spiderman14
    6,764 Posts.
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    31/12/10
    10:54
    Post #: 7674119
    Problem for SP is the lower end of the market is running now and its poor opportunity cost to hold AMU when other stocks are running hence the selling at markdown prices.
    Now AMU is a practically debt free oil producer with other prospective wells but the market doesnt recognise this yet as it only wants to jump on moving stocks.
    The share buyback should at least give it a 25c floor when it kicks in but for now the selling will continue.
    AMU Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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