I guess there are two ways, both of which involve listing a company on the ASX. 1) Arrow as it is is used as vehicle in which Shell / PetroChina have a large shareholding position. Eg they inject cash and receive a tranche of shares in return. Existing Arrow shareolders are diluted but they retain exposure to future earnings. 2) A new company is formed and listed into which existing arrow shareholders, shell, petrochina have a share.
As an Arrow shareholder, I would like to see a listed company come out of this ... Like Woodside .... I do not want to see Arrow taken private.
I guess time will tell
Dogbone
AOE Price at posting:
$5.15 Sentiment: Hold Disclosure: Held