arrow unlikely received better offer, page-20

I'm not trying to downramp the stock, but just giving alternative views. Bear in mind we are still in the midst of GFC, there are more troubles unfolding down the track. It's not like the time few years back where there is no GFC, no one worried about the market therefore companies were expecting higher takeover offers. There might be a few blips down the track for the shares as more troubles are unfolding, or takeover bid not materialized. maybe we can pick up AOE with lower price.