AOE 0.00% $4.68 arrow energy limited

Hi Woollydog,No - I still stand by my statement in saying that...

  1. JID
    3,568 Posts.
    lightbulb Created with Sketch. 663
    Hi Woollydog,

    No - I still stand by my statement in saying that the "downside is limited" at $5.10.

    I wasn't referring to the SP on a minute by minute basis... instead referring to the value of the assets that you are receiving for your $5.10 vs. the risk of those assets disappearing.

    (1) $4.70 cash - this may evaporate if Shell walk away or FIRB doesn't go through. I don't think Shell will walk away. FIRB - who knows. But if you look at the announcement yesterday re the $80 billion LNG deal I think this is pretty safe - either as cash or the assets themselves.

    (2) AOEI - implying a value of $0.40 given (1). This must represent value given the assets included and macro outlook.

    I still stand by my statement that downside risk is limited and people should hold firm until the final whistle is blown.

    Cheers
    John
 
watchlist Created with Sketch. Add AOE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.