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0.00% 14.5¢ aed oil limited

aed sinopec joint venture...60pct sinopec, page-5

  1. articulix
    646 Posts.
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    07/03/08
    16:41
    Post #: 3442993
    60% SINOPEC - Sinopec and 40% AED
    like to see further details as the chinese don't usually overpay for anything.

    It states it values the company approx 1 billion meaning for a 60% stake this is a healthy $600million cash injected into the company.

    This is nothing but good news.
    AED Price at posting: 0.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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