AED 0.00% 14.5¢ aed oil limited

whats next for aed, page-4

  1. 364 Posts.

    Risk v reward it has a lot of upside and can't see any more downside. With the deal in the bag and cash of $350M after paying off debts/receiveables, compares favourably with current market cap of $333M. The oil is a bonus, but they are still pumping and can't see SINOPEC waiting to take it slow with further development. I think their problem is no instutions buying, yet and people are cautious.
 
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Currently unlisted public company.

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