AMU 0.00% 21.0¢ amadeus energy limited

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  1. 8,598 Posts.
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    Thanks Rod, There is a definite wedge forming there on my chart and soon will go one way or the other. Break down and could drop like a stone. Autosime, I think the answer to your question is in the chart. One look at that and most would put their cash back in their pocket. The downtrend needs to reverse but the positives coming out can't outweigh the stuff ups at the moment. For me, the large drop in production from the sale of racoon bend some time ago had a real impact on the sp and the rot set in. ARW, buyback, dilution, hedging , debt all contibuting to the continued down trend. Let's hope now production increasing again, TNT, debt being reduced, poo holding, here's hoping.
 
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