The more I think about the way this all unfolded, the way the share price fell prior, the doom and gloom stories as opposed to the current good news stories. The buy up of shares by big banks. Are we being played? Its the following parragraph from Gregys post that irks me most.
For that reason, it was argued that Shell had little choice but to offer a huge discount to Arrow for its gas reserves; in fact a 22 per cent discount to the price it paid when it bought its original 30 per cent stake in 2008 and about half the price the other big foreign companies laid out when they were rushing to jump into the sector.
AOE Price at posting:
$5.07 Sentiment: Hold Disclosure: Held
