An alternate view: 1. Mitsui already have an inside knowledge of...

An alternate view:
1. Mitsui already have an inside knowledge of AWE so it based its offer price in its belief that shareholders would quickly roll over.

2. This has not happened and someone else is building a blocking stake, probably expecting to do a re-sale deal to Mitsui later.

3. Mitsui have other prospects and projects to spend on. Having set its offer price for AWE it may walk away if it cannot get a majority holding at $0.95.

4. So guys I am playing counter to general expectations. I signed over my shares to Mitsui for a guaranteed price. If my hunch is correct, I may yet re-buy AWE for much less than $0.95. If my hunch is incorrect then there are other Australian oil and gas producers.