re: Ann: AWE: AWE Rejects Non-Binding Conditi... "I think you are missing something AC87.
The SXY board are shrewd. I am highly confident that their offer was calculated (and not at calculating a fair value on AWE)
AWE may now start receiving real interest from major's. It could take the heat of a potential TO of SXY off the cards for a while, and it could also encourage further major's to take a closer look at SXY for a JV."
I looking for a better explanation as to why they are going after AWE other than that the board are "shrewd".
I don't see how a tire kicking offer is in the best interests of SXY anyway.
The market obviously doesn't like it.
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