the final word on valuation, page-9

What you skip math class in primary school or somethin' Marksman?

And yeh I've also made lots of $$ on AED so I suppose I also have established credentials to rant about its value and lost $$ on AED too - if this at all means anything at all.

Marksman says> "At $2 the market (assuming 150m shares) values AED - the listed bit - at $300M. If 40% is worth $300M than 60% is worth $450M which gives a total of $750M for the whole enterprise."

This really doesn't make any sense at all, and not much of the rest of your post does either for that matter. If the deal as stated per announcement values AED assets at $1000M, then simply there is a 333% discrepancy between market and value imputed by SIPC.

If the market at $2ps values AED at $300M... then 40% of that would be $120M, and 60% would be $180M... so in other words to capture 60% of AED value Sinopec would need to pay $180M...
As we now know this last figure now stands at $600M (or 333% above market value). Now let's work this out in reverse... if 60% of AED value is equal to $600M then 40% of this would be $400M. So 100% of AED would give a total value of $1000M or a market value of (at 150m shares) $6.67ps.
We also know the company is in debt and not likely to trade at 100% of given value... so make necessary deductions to obtain a reasonable value for Monday.

And judging by your previous postings... It appears that you do ramp this stock alot when you have taken a position(ie... calling $5+ all the way to blue-sky projections when the stock was falling to $1ps)... and now the reverse seems to apply when you have no stated postion in the company, what's happened? simply caught out when the stock is set to point upwards again?