AED 0.00% 14.5¢ aed oil limited

I think the market wants to see hear smell and taste that this...

  1. 2,739 Posts.
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    I think the market wants to see hear smell and taste that this deal is over the line.

    it's become that skeptical and cynical.

    I'm convinced this is a done deal but once the market senses this is over the line .. a big rerating will happen.

    After all ..
    This could be trading at a p/e close to 1x - if the field gets to the notional 30,000 bopd rate (net 12,000bopd to AED).

    even at 10,000 bopd rate ..net 4,000bopd .. it'll be trading at about 3x p/e.

    A huge rerating therefore awaits.



 
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