I thought so too. I thought that Shell was relinquishing all of their overseas rights that they had with AOE as part of the T/O deal.
Maybe the best way of doing this, is to go back to the original announcement after the T/O offer and see what it said. I am just as confused as you are about it all though. Especially since I thought that we were to retain all overseas interests, but as for the Australian assets, it was a bit confusing for me.
It could very well be the case that Shell, now that they have had FIRB approval, they will try to turn the screw on us a little bit harder. IMHO, they are very good at it. Hence why I hope that the whole deal will fall over and Shell to pack up, lift it's stumps and head back home, lol.
IMHO, we still have the trump card though. And this is that if we stick together, with a lot of other investors out there that do not post in HC, we can still win at the end, simply by not accepting the resolution that will be put forward by AOE for the sale to proceed, and Vote NO.
Good luck mate. I think that we will need all of it we can get.
Time permitting, during the weekend between all the chores I have to do around the farms on a daily basis, I will try and do some research regarding your question.
Buddy
AOE Price at posting:
$5.17 Sentiment: Buy Disclosure: Held
