.... if there is a t/o approach by Shell for AOE tomorrow then I am sure that info would have been leaked through and we would have seen massive buying.
If AOE is increasing its PES - Offer then we will see a big dump again like last week and hence the revised offer would be useless as the sp has gone down and with that the new offer.
So, what we could observe was some optimism in the morning and then the fear of an increased offer with the sp going down. Like last week. I sold all my shares today and if Shell lodged an offer then I missed a very good opportunity, but so far it doesn't look like that.
AOE Price at posting:
$2.65 Sentiment: None Disclosure: Not Held
