the final word on valuation, page-5

  1. 143 Posts.
    Marksman,
    I assume I'm the dickhead you mention considering I proposed the value of AED could be $5, so I guess its my job to reply to your rant.

    Yes you have been on the AED thread for a long time, and so have I. I have been here to watch you pumping and dumping AED over the last 2 years depending on which way the share price moves.

    You have an amazing ability to come on to the forum after the share price has rocketed or been thrashed and say I bought it last week for bla or I sold it last week for bla... I and probably the rest of the readers here would doubt you actually do make those trades.

    All the time that AED was going from about $1 to $11, myself and some other holders were uploading are valuations and sharing our assumptions on the true value of AED, you did not. All you did after the share price had gone up or down was to say that you knew that it would and so you traded it and had made squillions. Bollocks.

    Anyway, back to the task at hand.

    You obviously have very limited finance training... or actually... common sense.

    I only really have one point to make about your valuation and I'll leave you to have a think about it.
    If, as the news reports around the place and also the company announcement are true and Sino pay $600m for 60% of AED's assets and with the money AED pays back its outstanding debt which lets assume is $300m for this calculation.
    This leaves AED with $300m cash to do with as they please and 40% of the tenement assets.
    Lets just have a crazy idea for a second, what if AED decided to pay out all the cash as a special dividend... yep $300m in cash for its 150m shareholders which is $2 per share.
    So they announce that they are going to pay $2 per share and they are left with 40% of an asset.... hmmmm... do you think the share price prior to this special dividend is going to below $2?

    I'm trying to think of another way to explain this to you but I just can't. You are stupid and I would be wasting my time.
    I'm sure you are probably short AED and have been sweating your position while it has been suspended.

    When AED opens up higher tomorrow I will have a long hard chuckle about you.
 
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