AED aed oil limited
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  1. Jesterinoz
    364 Posts.
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    17/04/08
    23:55
    Post #: 3600590

    Yes Centro2008 you are the voice of reason. Company has already said that will have around $350M in bank from deal after paying off debt. This talk about lopping off 30% in the first instance for tax is nonsense.

    MC: $350
    Cash received: $616M
    Debt: $260M
    Cash on hand: $350M
    Main Asset on Hand: $400M (40% of same field)

    MC of $350M vs base assetts of $750M
    AED Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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