AED 0.00% 14.5¢ aed oil limited

thought, page-5

  1. 30,924 Posts.
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    No, they are not issuing equity. They are selling 60% of the asset.

    Basically AED had their backs to the wall. If Sino wanted the deal this way (and I think it is a good deal, from what has been announced) then AED had to go along.
 
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