AED 0.00% 14.5¢ aed oil limited

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  1. 1,084 Posts.
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    "they go into administration tomorrow and sell the oil fields for a fire sale price of $700M, minus their debt of $330M, leaves $370M"
    Irrespective of whether it was a hypothetical situation or otherwise you maintain this company - or whats left of it after it goes belly up - would fetch $700M. Yet its current value while solvent and trading on the ASX is $330m.
    I'm truely gobsmacked. The most charitable response I can put on the above is that its bizarre!
    PS Nice try attempting to worm your way out of an untenable position by having a dig at me personally. Unfortunately for you I'm not the one who made such an extraordinary statement.
 
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Currently unlisted public company.

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