AOE 0.00% $4.68 arrow energy limited

new offer likely, page-34

  1. 4,717 Posts.
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    tui et al
    i have just read this thread to see if anyone mentioned a little sentence i have just read in today afr

    in it it quotes bg saying in the uk that their qld lng plant will make good money at $26 per barrel - now that figure may be glossed up a bit and they have some first mover advantage and they have great leases but it is still quite a revealing statement

    I have been toning down my excitement for the sector in the last six months or so - I will stay toned down compared to the heady days, but i will be attuned to further opportunities - i still have a small interest in arrow ( also via nhc and sol patts ), but have more in mpo and wcl - might have to revisit bow - also have org and sto.

    i note some talk of charts, - e.l. i remember a post of yours that said you cant take any notice of charts for csg stocks - i think arrows moves is just another example - ( i admit to selling a few at 3.70 just recently which was a blue )

    - I am sure the market was illinformed as it is obvious the capital raising was common knowledge in the big end of town as the media is now full of the talk - that was probably the big mover of the price, and not neccessarily the "manipulation" referred to on the arrow thread on hotcopper
 
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