Aeris Environmental Ltd T.AEI

Primary Symbol: AETLF

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Aeris Environmental Ltd is an Australia-based company, which offers environmental cleaning products and services. The principal activities of the Company consist of research, development, commercialization of technologies and global distribution of HVAC/R Hygiene, anti-corrosion and disinfectant products. It also provides HVAC/R Hygiene and Remediation Technology, Indoor Air Quality and Corrosion Protection services. The Company's segments include Australian Operations and International Operations. Its product categories include HVAC & R, Cleaning and Disinfecting, Surface Cleaning, mold and Odour Control, Equipment Cleaning and Corrosion Protection. AerisGuard products prevent mold and bacteria growth in HVAC & R units. Its hygiene products kill germs, bacteria, some viruses, mold and other fungi on hard surfaces and on hands. The Company's technologies include Tri-Enzyme-Clean, Residual Shield and Probiotic-Guard.

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Aeris Environmental Ltd > AEI

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Post by RuprtMorduchon Jul 20, 2016 12:38pm

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Post# 25069068

AEI

This seems to be a good idea in some ways, such as merging with a private company. However track records show that they were delisted from NYSE and also from TSX for not meeting the required minimum market cap of $75M. With the current oil prices, it looks like mid cap companies of around 500M-1.5B are not even economical for them. So the best bet is wait for higher oil prices or move in America because it's not economical in Canada at this price, where it has best netbacks in the states like eagle ford. Will wait for the coming quarter and see what their plans are.

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