My belief is that there is a big gulf between what Arrow (and its shareholders) believe the company is worth , and what Shell is prepared to pay I cant see Shell increasing its offer substantially I also cant see the board wanting to sell out to such a low ball figure I reckon our best hope is another bidder - cant see that either Not meaning to sound negative Just hoping the board dont blink and that there isnt some need for them to do the deal that we dont know about They must have a good "cone of silence "
Greggy
AOE Price at posting:
$5.29 Sentiment: Hold Disclosure: Held