AED 0.00% 14.5¢ aed oil limited

thought

  1. 63 Posts.
    AED mcap: 350m
    Debt: 250m + 100 in convertible notes

    Cash from deal: 600m*0.7 = 420 (have to pay off tax)
    (holding value = 0 to be conservative )

    Net cash (after all forms of debt + capex spending) = 70m

    It's not close to the 250m people were postulating.

 
watchlist Created with Sketch. Add AED (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.