a question about arrow

Hi everyone

Arrow has me interested, as it seems to be trading on far lower valuation metrics than the likes of ESG or BOW.

However, I do have one issue that I hope you might be able to clear up for me. My question is.....in view of the deal thay have entered into with Shell, does that in effect make AOE far less likely to be a takeover tarket for anyone, other than Shell? I'm thinking that likely suitors would be Santos and Origin, buy Santos is now paired off with Petronas, and Origin with Chevron. Each group is looking to set up their own LNG plant at Gladstone. Is the Shell arrangement now something that will make AOE unattractive to other potential bidders?

Any thoughts on this would be greatly appreciated.