market is saying...higher bid coming, page-18

crazymark,

BG offer for Pure is low priced and values Pures reserve at 32 cents a gigajoule. It is great that they have made a offer and not allowed Arrow to steal this company for a song.

I understand your logic but i feel a 30 cent premium to the BG offer is going to sound like peanuts when another offer comes through.AOE needs and wants pure acerage and will not let go without a fight. We needed this bidding war and we go it.The market and SP will react accordingly as we have seen post trading halt.This is one war i am not going to oppose.

Another point if the next lot of results come out in a timely manner as the board has continuously done.Its only going to get a whole lot more interesting,i agree that $10 is dreamland stuff and there is little possibility of a 400% premium,but if there is one thing that i have learnt from holding stock is dreams can come true.