AED 0.00% 14.5¢ aed oil limited

boring, page-9

  1. 63 Posts.
    I suppose the capital structure has changed a little.

    Company value= 350 cash (minus a little for capital gains) + 450 (SP x shares issued) = 800

    Price offered by Sinopec = 1000

    If we assume that Sinopec want a return on its investment then we could say that the company is undervalued. If however Sinopec made a mistake in valuation then we have the 350 cash as safety backup.
 
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Currently unlisted public company.

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