AED aed oil limited
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thought

  1. jto_1
    63 Posts.
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    17/04/08
    21:59
    Post #: 3600275
    AED mcap: 350m
    Debt: 250m + 100 in convertible notes

    Cash from deal: 600m*0.7 = 420 (have to pay off tax)
    (holding value = 0 to be conservative )

    Net cash (after all forms of debt + capex spending) = 70m

    It's not close to the 250m people were postulating.

    AED Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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