aeds share of assets $400m
cash to be received 600
less liabilities say (300)
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net assets $700m
shares 155m
share price should be $4.52
p/e ratio at this share price 4
average p/e for industry 12
when puffin 9 and 10 both ramp up production to 30000bopd each
guess where the share price will be$12 is still conservative
aeds share of assets $400mcash to be received 600less...
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