If you want an exposure to AWE the cheapest way is buying ARQ...

  1. 39 Posts.
    If you want an exposure to AWE the cheapest way is buying ARQ shares (if, like me, you are confident the merger will go through).
    You get AWE shares and cash equivalent to your outlay (at present prices), plus .425 BURU Energy shares and .1275 BURU Energy options for each ARQ share.
    BURU Energy is a new company that will hold all ARQs Canning Basin exploration and production assets plus $75 million in cash- a high risk but potentially very high reward play.
 
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Currently unlisted public company.

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