AED - Recently bought out (60%) by Sinopec. Almost 300m in cash,...

  1. 2,795 Posts.
    AED - Recently bought out (60%) by Sinopec. Almost 300m in cash, a well that has just encountered a 25m oil column, and another production well to follow. I'd wait until the results come out as it's so undervalued that even a big jump in price on a positive announcement will still be ground floor.
 
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