I do not understand your cool reaction the the deal with Shell.
Sure all the cash is not up front. Sure the cash for AOEInt may be viewed as much as for an option of 50% of the best assets (sans India), as for 10% of AOEInt.
AOe keep some good assets, the Enertrade assets, the stake in the new power station, stake in PES, a little remaining cash.
Wasn't expecting $5, but Shell sure aren't putting their cash in at fully valued asset value, you don't get to be a Shell by doing that do you?
Well I never thought I'd buy any more arrow, but bought a few today at 380, then at 402, thought I'd be on a day 1 gain. Tough, you Mr Market are the one who is wrong.
EL
AOE Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
