I sold my AOE holding this morning. Had bought recently and though it could certainly go higher via another bidder or Shell/PetroChina upping the offer( which I believe they will need to do). The cash was too tempting.
Time will tell if that was the right move.
I agree with the jist of what you guys are saying more money will likely flow into BOW. If you even take the metrics Ya posted and use them with BOW's 2010 year end targets you can see the upside SP potential.
I am looking for more BOW around 1.10-1.15.
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