AOE arrow energy limited

Ann: Dart Energy Investor Presentation , page-59

  1. 22 Posts.
    I dont think you have any worries about a CGT event.

    Demerger now 2:1 and not 1:1, 3.5 % issued to directors, 15% placement within 2 days of effective date (P45) and $M75 capital raising within 3 months (P46), Dart shares will be worthless within days.

    This is all because of $73M rip off as pointed out by Buddy earlier. This leaves Dart with only $20M cash, which equates to six month operating expenses.

    I have held these shares since CH4 first listed and thought they were a good management team, but it appears as if greed has taken over since Shell came on the scene.

    Vote NO, it will make you feel good or be able to smile while being screwed.
    DJ
 
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