JID,Might be fairer to look at the current $5.00 as say 50 cents...

JID,

Might be fairer to look at the current $5.00 as say 50 cents for AOEI and apply a discount of 20 cents on the $4.70 cash for holding costs.

Then is you added bid risk (either way) you could go up or down from the 50 cents.

Really anyone buying atm on the perceived undervaluation of AOEI/Dart would be very unwise imho.

I guess if Dart goes ahead the next spin off must be either Board Energy - boring, or Bullseye Energy."

EL