I remember when AMU was over 60c and arguing that it was out of...

I remember when AMU was over 60c and arguing that it was out of favour because it was one of those companies with too many irons (ie wells) in the fire and were spread out all over the place in different states in the US with a big debt to match.
Mr Peacock running the show for a while was pure comical relief and who actually remembers one decision he made of consequence to the company.
Now the debt is minimal, there is lots of cash and many less producing wells to run and explore,some new blood on the board and the price is 23c as i type that to me says its a value play.
I got back in at 25c thinking that but the selling is still ongoing so hopefully the buyback can put the floor under the price and give the market a chance to put a true value on the stock