AMU 0.00% 21.0¢ amadeus energy limited

inherent value of assets

  1. 5,690 Posts.
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    I have been out of this stock for some time, but noticed they are now selling their assets. I seem to recall the assets were far more valuable than the share price reflected. I presume this is still the case. Any views from those that have been following this stock as to the value of its assets?? I see it has a market cap of $70m, and yet cash flow from operations last year of $19mA, and $30mA the 2 years prior to that. Strikes me a sale could deliver some very nice upside. Views? Is it feasible that the assets are worth 3 times the market cap??
 
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Currently unlisted public company.

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