After not hearing from Shaun Scott, CEO of Arrow, for ages, suddenly he is in every business newspaper!
We never really heard anyone from Arrow talk about consolidation, takeovers, project consolidation etc. Neither did we hear from Arrow about what the intentions of Shell might be. Nor did we hear much about the very real possibilty of consolidation of the LNG projects.
Now he is talking about the "sharks circling" Arrow, and about "other small CSG out there that will get mopped up in next 12 months."
Is he worried that AOE will be snatched at a low price? Is he now trying to talk-up the S/P of AOE ???
He says the prospect of an unwanted advance as "one of our biggest concerns at the moment".
I think AOE is another, but much more nimble,and dynamic Origon in the making, and the company is well managed.
If Shell wants Arrow, then they are going to need to offer a mighty good price to tempt me to sell.
cheers
AOE Price at posting:
$2.22 Sentiment: None Disclosure: Held
