Hi stocktoe,
I am not a trader, but would think it is risky to trade AOE at this stage. My reasons for saying this is that:
1. It often seems to take some days for the share price to move following an announcement. I think the market might still be digesting the news of a few days ago.
2. Recent broker reports re the value of arrow.
My viewpoint for what it is worth, but please see my signature
