shell has launched a takeover bid for arrow, page-35

Well I am thinking we fall this time. The Australian institutions simply are not willing to value the long term as highly as the Chinese (nor than the global energy majors).

First off price looking south of $5, assuming we are offered less than half of AOEI. Not sure that AOEI sans AOE expertise and drive is really worth much?

Glad I hold BOW as well (and a few STO), but is is increasingly looking like if you want a long term csg investment you need to buy ORG, or BG. Perhaps STO will stand.

Well this time I am likely to stand through to the brink of compulsory acquisition. Not even tempted, or threatened under $5.

EL