AED 0.00% 14.5¢ aed oil limited

Anyone who thinks AED will sit on a PE of 12 long term is...

  1. 1,012 Posts.
    Anyone who thinks AED will sit on a PE of 12 long term is dreaming. Oil producers just don't have a PE anything like that.

    Check TAP, ARC Energy, Stuart Petroleum, Beach Pet, Anzon... how many trade on a PE of 6 or better??

    Large exploration and development prospects can drive up the PE (i.e. the lack of current production) but this is not where AED is...

    P1000
 
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Currently unlisted public company.

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