good announcement. price paid including that for the minority interests that AMU plan to onsell (you'd expect with natgas rising again they'll find buyers with hopefully a premium) is well within that justified by savings/reserves increase etc.
Finally getting something for Betty Dieter to grow is also a big benefit. Maybe they'll now be able to round out the services side of the bus.
By far the biggest winner for me tho is getting some hardcore oiler types inside the Co to complement What Pete L adds.
Looks as if the Co. may finally come out of its shell and start to ramp up the announcements.
Next smolik. A decent gas find in a rising natgas market will do wonders for the 57c target being bandied around.
AMU Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
