Hi Just called AIO and they directed me to the Investments...

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    Hi Just called AIO and they directed me to the Investments Office (Marie Festa) Hope I got the name right. She said that they have received a number of officers wghich are being reviewed. This will be put before the Board with recommendations. She could not comment on the nature of proposals such as full take over, asset purchase, stake purchase, etc.

    When asked she said that no board meeting was scheduled this week and she sounded like it is more probable that an announcement will be made next week.

    I don't expect an announcement this week and but Marie sounded very positive and happy and surely the share price is doing well this week.

    I think there is a strong chance that the SP may even go as high as $4 as these assets are cash cows for life. I used to work for PwC in Abu Dhabi and Abu Dhabi Investment Authority is stiing on loads of petro dollors. Hope they have put in an outright bid. .
 
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