AOE 0.00% $4.68 arrow energy limited

This is too cheap...... when compared to takeover of PES etc...

  1. 1,273 Posts.
    This is too cheap...... when compared to takeover of PES etc this seems to be a ludicrous offer....... Obviously there is an issue with shell having rights over 30% of reserves and a 50% option on AOEI......this is probably enough to deter any rival bidders coming forward.....I get the feeling the Chiefs at Arrow have always known they would eventually sell to Shell......all a well constructed plan if you ask me.
 
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