AOE 0.00% $4.68 arrow energy limited

Stefanis,I think they might both be more comfortable with an...

  1. 11,543 Posts.
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    Stefanis,

    I think they might both be more comfortable with an "Australian" company flying the flag in the Surat and Bowen, even if between them they hold say even 80%.

    Imho it will be pricey to dislodge the last few holders to get to 90%, and might not be easy to get management blessing and a 75% vote either, therefore something less than a full takeover is what I am hoping for. If we are able to continue holding it would be good to get a jump start with Petrochina as the major customer.

    EL
 
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