AED 0.00% 14.5¢ aed oil limited

Having read the latest announcement the term "scraping the...

  1. 445 Posts.
    Having read the latest announcement the term "scraping the bottom of the barrell" springs to mind, as they, AED, are after the dregs of what have been left behind in the Jerugong oil field, as it was not practical to continue retrieval, but it is now because of the price, but it can't be much and would be interesting to see what value is in the well.
    However, it does show the desperate measure's that AED are willing to undertake to get some cash, is it grasping at straws or shrewd management decisions, straws I think.
 
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