AOE
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0.00% $4.68 arrow energy limited

revised offer on the way ?

  1. vicbri
    16 Posts.
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    10/03/10
    08:30
    Post #: 6427480
    From the Business Spectator.

    Sanford C. Bernstein & Co. analyst Neil Beveridge reckons Arrow might end up with a sweetened proposal, tipping that Shell and PetroChina could boost their $4.45 per share offer for the companys local assets to $5.30, taking the value of the bid to $3.9 billion, says Bloomberg.

    http://www.businessspectator.com.au/bs.nsf/Article/BREAKFAST-DEALS-A-bigger-NAB-raising-pd20100310-3DSEH?OpenDocument&src=sph
    AOE Price at posting: $5.02 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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