AAE agri energy limited

Might be worth the holders of this stock have a look through the...

  1. 752 Posts.
    Might be worth the holders of this stock have a look through the latest ARW announcement.

    ARW, who have been manufacturing small amounts of Biodiesel from Tallow, have just announced they are going to put their Australian Plants in "Care and Maintenance" pending a strategic review of the Company's options in conjuction with Maquarie Bank.

    They also talk about a pre-feasability and opportunity assesment in the US.


    The interesting point is, they may decide to build a Biodiesel Plant in the US ... and after raising yet more money would be in the same position as AAE is in at the moment, that is, with a Plant in the US that is about to commence operations.

    The more interesting point is that ARW last closed at 21.5 cents before going into a trading halt, whilst AAE is at 9.4 cents !!!
 
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Currently unlisted public company.

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