AED 0.00% 14.5¢ aed oil limited

It had to come to this and this should be a warning for those...

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  1. 143 Posts.
    It had to come to this and this should be a warning for those company directors and underwriters who are prepared to screw small and long-suffering shareholders by offering equity at such a large discount and with a forward record date that allows new investors in on the deal. A 15% discount rate would have been more reasonable and a restriction to existing shareholders. Give us a fair go! Now time to divest (farmout) some equity in the project portfolio in exchange for cash and to reduce pro-rata operating costs.
 
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Currently unlisted public company.

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