So what is AWE going to do with its no debt and huge pile of cash, grow internally.
Nope, they will take someone out, in one swoop, it might not be ARQ, but in one swoop,ARQ would only be roughly half this years profit.
(Remember Tui is going far better than forcast
and AWE has got a big chunk of it)
ARQ has got its own cash in the bank, so with its reserves, it would be a steal.