""(Just looked through the presentation and agree. We have been ripped off. $4.70 in cash plus a share in who knows what. I think they could have at least thrown in the power stations and some more cash for arrow international. I mean we traded at $4.60 at one stage. Shell just waited for us to be sold down then pounced.)""
Joffa,
Yes, we should have got to keep the cash, the power stations and the pipeline before accepting that stupid offer.
How do you think we are going to start the new company, doing the drilling and everyhting else that goes along with it without cash...???
IMHO we will have to immediately do a capital raising to start, or do an IPO instead. As to how long that will take it is anyone's guess but, IMHO it will not happen overnight.
IMHO, for me they can keep their AOEI shares and shove it. I would prefer the cash to put it where I would prefer best myself.
As for the last part of your paragraph, I am sure that Shell didn't wait for the sp to go down so that they could pounce. THEY MANIPULATED IT DOWN INTENTIONALLY.
Buddy
AOE Price at posting:
$5.10 Sentiment: Hold Disclosure: Held
