AMU 0.00% 21.0¢ amadeus energy limited

Ann: Daily share buy-back notice - Appendix 3E , page-2

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  1. 6,756 Posts.
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    re: Ann: Daily share buy-back notice - Append... OMG - another 500k bought today - only 1.5mil left to buy - so obviously this will happen by the time of the AGM on 30Nov - they will then get approval to buyback another 100mil shares but under Sec257F of the Corporations Act they have to wait 14 days before they can start the buyback - which means 14Dec.
    So there will be no buyback in play between 30th Nov to 13th Dec - I hope the market doesn't tank in this two week period.
    You can bet that if there is a drilling report of those Cherry Canyon wells between now and mid-Dec that there will be no mention of flow rates.
 
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