yeah, saw that. Gave me some glimmer of hope.
There was alot in the Weekend Australian that spoke of gas, resouces and resource company takeovers.
The demand for resources seems to be getting back to where it was pre crash.
The consequence of this is companies are desperately looking around for last opportunites to snap up resources at prices that dont reflect impending demand.
In one article "Miners glow as takeover bids roll in" Macarhtur Coal rejects Peabody energys takeover on the basis "it was highly conditional and failed to fully value the company and its significant growth prospects."
As I read this I thought of how relevant this is to Arrow.
As I have stated before, Shell need us. Could they operate with only 30% of the pie? Arrow had them by the short and curlies and then let them take it away.
- Forums
- ASX - By Stock
- AOE
- shell takeover of arrow
shell takeover of arrow, page-2
Featured News
Add AOE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online