"..Based on the price paid by Shell, subsequent exploration, and the market values of other Asian coal-seam gas explorers, Arrow says its overseas arm could be worth nearly $1 billion..."
"...The chief executive of Arrow's Australian business, Shaun Scott, said the float would also allow the international business to stand on its own feet, and help improve the market value of the international assets.
''We've always had an objective to separately fund that business, outside of the funding that we have for the Australian side of the business,'' he said...."
AOE Price at posting:
$3.64 Sentiment: LT Buy Disclosure: Held
