hartleys view

Hey guys, an interesting article I read on yesterday The West Australian.

Amadeus Energy
"Recent annual earnings were in line with guidance and expectations, highlighting the profitable nature of the company's assets, even against the backdrop of weaker underlying commodity prices, Its $25m fundraising diluted earnings per share forecasts, but the proposed use of funds is highly accretive for shareholders, through lower financing costs, increased exploration and the acquisition of TNT Engineering. Price 27c, target 56c"

Hartleus, BUY

A very interesting article considering how the price isn't exactly moving with the few good news we have received so far.