cyw,
I think quiet a few here remind people of AOE's embedded value from time to time, as I am pretty sure I have within the last week or so.
It is however pretty hard to put a value on AOEI atm. Taking Shells 10% at face value might give you close to $1.00 ps, but considering the optionality Shell bought with that, you might want to say only 50 to 75 cps imho. Not sure that progress since has exceeded expectation or the general drop in asset values.
What AOEI need to present for the IPO imho is a really good pilot somewhere with a large resource and market behind it.
Regardless I tend to agree, AOEI not credited in the sp atm. Arguably nor is Shell Curtis Island.
EL
arrow international ipo, page-2
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
