AED 0.00% 14.5¢ aed oil limited

deal values the assets at about $1bnaed has abou $300m in...

  1. 884 Posts.

    deal values the assets at about $1bn

    aed has abou $300m in debt

    equity value = $700m

    number of shares = 150m

    value per share = $4.67

    1. aed has been substantially de-risked
    2. aed will be debt free
    3. there must be huge value for sinopec to be paying this price - which confirms what aed has been saying all along about production issues being localised to well bore

    this will see $4-$5 on monday
 
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Currently unlisted public company.

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