AED 0.00% 14.5¢ aed oil limited

Winners and Zinc, You are both on the money with your replies to...

  1. 364 Posts.

    Winners and Zinc,

    You are both on the money with your replies to the dark prince. The only thing I would add, is that the asset calculations were based on the price of oil being US$100 a barrell and it is far from a secret where it has gone since then. US$138 a barrell would now warrant a serious rerating of the asset value.

    The other answer is RISK V REWARD. The only major risk with AED and the SP was the deal disappering and them having to start again. That has now disappeared and there are a lot of positives.
 
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