AMU 0.00% 21.0¢ amadeus energy limited

I think with 304 million shares on issue and a market cap of 70...

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    I think with 304 million shares on issue and a market cap of 70 million the valuation metrics are reasonable but not outstanding.

    Its definetely not worth 60 plus cents as some other poster was claiming which would place a market cap of nearly 180 plus million, but with exploration, being debt free (which is always A PLUS) and current reserves and future revenue a value in the mid 30s is reasonable imo
 
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