TSX:AEU.UN - Post by User
Post by
davproon Jan 05, 2009 3:53pm
1013 Views
Post# 15683344
Oil prices rebounding
Oil prices reboundingWith oil price rebounding the NAV for AEU.UN should begin moving back up. I would expect that oil will in the short term exceed 50.00 per barrel and that oil stocks will move up proportionately which should value AEU.UN to about 8.50 per unit. In the meantime we get to collect a very attractive distribution which is currently yielding 22.6%... not too hard to take!