Packer has just accumulated another 8.3 million AWE shares through Ellerston Capital, now holds 9.45% of AWE. Interesting times ahead. I wonder where Packer goes from here. I truly believe that the Perth basin holdings of AWE is our sleeping giant. The next Drover hole in the Perth should be being suck as we speak. $2.00 and maybe $3 a share is not out of the ? over the next 12 months in my opinion, although we appear to be stalled just under $1.90 for the last few weeks.
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