AMU 0.00% 21.0¢ amadeus energy limited

suspension, page-37

  1. 171 Posts.
    Bacci...had a look at the link. Don't know what that is about.Doubt it would be a big sum.
    The comment about "beating the yanks" at there own game hardly applies as from my limited research, the team in Denver are all US oil and gas professionals. The President Betty Dieter seems to have a wealth of industry experience gained over many years. It would seem to me that having purchased TNT the team in Denver have all the ammo to grow the company.The fact that information about the sales process is flowing like araldite is not good. Either there is some arm wrestling going on over price or the Board can't/won't/don't want to let us know.It has to come to a head soon.
    The assets have long life and the past cash flow has been very strong. I would be stunned if there is not an enthusiastic buyer there somewhere. Oil and gas reserves such as these always find a buyer.Just hope the Board dont give them away.Every company goes through highs and lows.I note Neptune Marine has just pushed their CEO. Robert Scott is also a Director there as well as AMU. Maybe he should look in the mirror.
    Time will tell.
 
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