AOE arrow energy limited

shell makes $3billion approach for arrow, page-7

  1. 13,667 Posts.
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    buddy134..all we can do is wait and see if they learn.

    If they take too long Arrow will continue to bump up reserves and they will become more expensive on a $ per PJ valuation. I have always held Arrow in the hopes of having a longterm company locked into my fund. If they get taken out I want a decent price.

    If no other offer comes through I continue to hold. There will be some major agreements signed with Shell to supply gas to their LNG plant. Either way Arrow is in an excellent position right now.
 
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