Its also interesting to note Arrow's recent announcements regarding its plans for its international assets, and the gas flow rates from South Walker Creek and the Fort Cooper coal measures.
In my mind, the international assets and the medium-term commerciality of the bowen basin assets have not been well understood by the broader market (in part by AOE's reluctance to dislcose too much information on these assets). Therefore, the recent announcements made me a little suspicious that Arrow is becoming more active in its defence / marketing (whatever pleases) strategies.
AOE Price at posting:
$3.70 Sentiment: LT Buy Disclosure: Held