I don't think anything under $5 will excite the AOE Board nor too many AOE shareholders.
Sentiment aside, and even forgetting AOE was over $4 a short time ago, any number of different valuations for AOE brings up a number in excess of $5 IMO.
It's a hot field the whole Queensland CSG game and there is lots more to come. Fortunate at AOE, we have some of the best guys around running things. I am more than happy to leave Nick Davies, Sean Scott and Steve Bissell in charge of this thing. Just a gut feeling, however I think a surprise rabbit will be pulled out of the hat before this is all over.
Good luck to all holders of the mighty Arrow.
AOE Price at posting:
$2.53 Sentiment: Buy Disclosure: Held