value, page-12

Hi Lust

Yes - I had been watching very carefully when prodn started to see what the flow rates were. I started selling the first day they announced flow rates which were below what the mkt had been led to believe (I sold my first ones at $10.34) however wasn't really quick enough in jumping ship so my average exit price was about $9.00.

It was still a nice 3-4 bagger on average so I was very happy with the trade.

I look at it very diferently today. The Sinpoec deal has recalibrated it totally and I don't see it ever getting back to those lofty $10+ heights. However the market has not yet appreciated AED's current value and there should be an easy couple of dollars upside from here.

Cheers
Zinc