bagasas nice summary. Very clever on Shells behalf. They will give shareholders a better valuation via the international assets without coughing up more cash.
They were never really interested in the international side of things as they were the Australian assets. A win, win situation for Shell and Petrochina really. Also good for us as shareholders in Arrow but they are still getting us at a cheap price. My opinion only of course..
wiseup I found the SMH article a better read also.
AOE Price at posting:
$5.29 Sentiment: Hold Disclosure: Held