AED 0.00% 14.5¢ aed oil limited

re: Ann: Proxy Form for February 25 Extraordi... ANZ,While I...

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  1. 184 Posts.
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    re: Ann: Proxy Form for February 25 Extraordi... ANZ,

    While I agree that AED has good exploration prospects,it is continuing to burn cash and there is some uncertainty about whether 9% convertible notes will be redeemed or converted. A new share issue cannot be dismissed. These factors are probably weighing on the share price. A good result at Lempuyang will change everything.
 
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