AED 0.00% 14.5¢ aed oil limited

Hi PeterYeatsI'm pretty sure this co won't go brokeSome brokers...

  1. 1,536 Posts.
    Hi PeterYeats

    I'm pretty sure this co won't go broke

    Some brokers are valuing it @ $1.16 now so maybe that might be its bottom

    I reckon ADE should not bother drilling more wells @ the moment, just harvest & sell the oil they can produce. They say they are making a profit

    If the $40 debt is in dispute so be it but have a placement of 40m shares @ say $1 to appease the market regardless

    Pretty disappointing that the co has been relatively quiet considering the massive price decline. Some soothing words would help
 
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Currently unlisted public company.

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