AED 0.00% 14.5¢ aed oil limited

surprise surprise, page-23

  1. 6,650 Posts.
    Greenleaf

    If AED is to do a capital raising exercise, then that just supports my view that AED has cash flow problems and an even bigger reason to think we are having a dead cat bounce.

    Only time will tell and we have to be certain that we do not get ahead of ourselves looking at all the negatives.

    Looking forward to seeing the next company report which if they read HC might offer us some clarification, if not then expect to see further weakness.

    Was a good trade to by at sub 4 bucks for a quick turn as it was over sold, just hard to know when to try and pick that bottom.

    cheers

    PC43
 
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