new to AED although have read about it in the past.
would it be fair to say that the downside is limited once money in the bank as this virtually covers market capitalisation - if so company should come out and clearly state this position.
the upside is sinopec working with AED to lift production and get consistent output in this high oil price environment.
$10 will never be seen again but at least if they can achieve a middle ground production, should be able to see a higher price nearer $4 or $5.
the beauty of no debt and high oil prices mean if they can hit production levels that cover all expenditure and nominal profit, makes them relatively bullet proof.
AED Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
