AED aed oil limited
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sinopec valued the puffin fields at $one billion and paid $600m...

  1. oneata
    264 Posts.
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    12/11/10
    11:14
    Post #: 7466072
    sinopec valued the puffin fields at $one billion and paid $600m for 60% share.This was at fire sale prices.AED's share is worth $400million.Current market cap is $93 million and hence is undervalued byabout $300million.AED sp should be at least $2 just on puffin fields.brunei and indonesia aregiven zero values
    AED Price at posting: 46.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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