AOE 0.00% $4.68 arrow energy limited

selldown, page-12

  1. 664 Posts.
    I am not a current holder....took profits at 2.50ish.

    Suspect the sell down is to do with convertible notes expiring...AOEGA. Convertible notes can be redeemed for cash of $0.40 per share OR one AOE share. Possibly some convertible note holders are selling down...taking profits.

    Plus I note that Duetche Bank have appeared/disappeared as a substantial twice within a few weeks.

    I am waiting for a clear re-entry signal.

 
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