AED 0.00% 14.5¢ aed oil limited

aed's fate - in next few weeks?, page-15

  1. 660 Posts.
    Hey guys, wake up ! Don't you see that the copmpany is struggling just to survive ? On 25 FEB 11 the CEO announced that they are NOT able to raise more funds without shareholder approval and therefore seek other avenues to do so ! In plain language it says: sharholders will probably not approve new CR so lets do it without shareholders.

    Look at the NMS : they cry to raise the capital and probably they will not be able to do so; If I were you I wold sell all AED I had and RUN, RUN as quick as I can from this stock. Current 30c a piece is better than 5 or 0 cents !

    All this well/tests etc is just a talk - reality is that company has NO MONEY to run the business !
 
watchlist Created with Sketch. Add AED (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.