Awe seemed to cop the biggest caning of all the JV patners after the failure of Twin Lions. Perhaps some of the losses could be attributed to concerns about Tui which may hit TD this weekend. If the oil is there this will be a bonanza for both AWE and New Zealand with last weeks report that NZ is quickly running out of oil. If the oil is not there another big drop for AWE. If there is an over reaction and AWE drops into the 60's it may represent good buying value.
Regards,
Pagarsi
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