Having been in Arrow since August 2004 I have watched it grow into a Top 100 ASX Company (last Friday 88 up from 90; and who knows what it will be this Friday). It has good governance, excellent management, a detailed business plan and proven resources. I was looking forward to it becoming a firm Blue Chip stock paying dividends in the not too distant future for years to come. Because of the quality of this company others now see it as a tantalising target for takeover at a low price coming off the GFC. But, why should we sell out to others? We have an excellent company with quality assets which will become even better. The product is sound which will be sold into a demanding market. As an Investor I want to stay with the company I have confidence in and who IMHO will do us and Australia proud. I will hold until events force me to do otherwise.
AOE Price at posting:
$5.03 Sentiment: LT Buy Disclosure: Held
