What do you think the chances of a takeover are today?
My thoughts are as follows.
• B.P have a monopoly in the Pilbra and ARW have dented it. • B.P has been purchasing Bio companies internationally. • The ARW Adelaide is located next to the Mobil plant. • Impact of Carbon Credits. • Major Oil Companies need to be seen to do the right thing. • Shell and others offers ethanol added petrol. • ARW has an Australian and USA licence to the environmentally friendly Energea process the USA licence must be worth a fortune. • ARW can expand it Perth plant. • Current capacity per plant 45 Mil Litres. • Margins. • Platform to expand in Australia and USA. • Pressure on Majors to go Bio. • ARW has sold to FMG. • HBSC are backing ARW therefore the justification is there. • ARW needs cash to expand. • Shareholders would accept say $0.30 happily. But $1.00 in 12 Mths.
Please do your own research.
TEK Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)