This offer is a sign that Shell believes that the market, and CSG in particular, is going to change dramatically upward in the near future. They are obviously going to try and get a bargain now as in 12 - 24 months time AOE may well be trading around $6.50+++. Wilson HTM have a standing current valuaton of $6.80. I think $8.00 all cash offer would be fair, but would like to see AOE do what Origin did to BG and reject Shell's offer. Why should an Aussie Company sell out at the first chance, to a massive foreigner, when there is so much more to be gained????
- Forums
- ASX - By Stock
- AOE
- shell has launched a takeover bid for arrow
shell has launched a takeover bid for arrow, page-40
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AOE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online