AED 0.00% 14.5¢ aed oil limited

Ann: Trading Halt Request , page-3

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  1. 134 Posts.
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    They were stupid to do a CR at a deep discount right now. Let's list the things that are hurting the SP.
    - end of FY tax sales
    - Downward trend
    - CR pending since low cash remaining
    - NDO / KIK disaster at Gindarra hurting oil specs

    So now Patersons has pulled the underwriting. So they'll have to do it at 9c with a full option instead of a third.

    I though they were oversold yesterday and bought a few at 10.5. Should have waited. Still think they will bounce in July or Aug.
 
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