AOE 0.00% $4.68 arrow energy limited

Lots of dissent for a Chinese minority holding in the takeover...

  1. TBE
    3,734 Posts.
    Lots of dissent for a Chinese minority holding in the takeover vehicle but not one word about the Anglo Dutch involvement.

    Without Chinese money fortescue would be a pipedream as would dozens of other projects. That's to say nothing of the Chinese demand underpinning almost every resource project in Australia.

    It's fairly normal for a major customer to buy into a project.

    I wouldn't be happy with thx current price either but that is no excuse for xenephobic undertones. Especially when it is directed at one group and not the others.

    This is a fairly straight forward situation. The directors either think it is a good price given the dart spinoff or they think it will prompt another bid. That's it. There is no bogeyman communist looking to steal your gas. If you can get a better price, there will be another bid. If not then that's all you get.

    It's just ridiculous to think there has been arm twisting or collusion.
 
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