AED 0.00% 14.5¢ aed oil limited

For me it looks like people discussing the tax issue would have...

  1. 2,486 Posts.
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    For me it looks like people discussing the tax issue would have a very good knowledge of company tax NOT personal tax.

    If that is the case can I take AED's announcement saying "SIPC will pay AED an upfront cash payment of US$561m for the 60% joint venture interest once certain conditions (discussed further below) have been satisfied. Part of the cash received will be used to repay all of AED’s bank debt (leaving only existing convertible bonds in place) and settle trade creditors which will result in AED having a significant cash balance of approximately A$350 million after completion....." as wrong.

 
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Currently unlisted public company.

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