AMU 0.00% 21.0¢ amadeus energy limited

suspension, page-20

  1. 6,183 Posts.
    I beg to differ.

    A partial asset sale would be a disaster.
    AMU always trades at a share price which reflects a discount to the net asset backing. The share price for the remainder would be less than the cash we could have back instead.

    The running costs of such a business; business class flights back and forth, listing costs, office costs etc would be a high proportion of the remaining cash flow.

    I expect the staff would want the gravy train to continue.

    This parrot is dead, it is an ex parrot, it has cast off its mortal coil, dead as a dodo.

    bacci
 
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