new offer likely, page-44

I bought QGC @25c and got PES @20c plus free options entitlement as a shareholder of AOE at the IPO. Sold too early both stocks and missed the million dollar "killing". Both QGC and PES "plunged for unknown reasons" before the takeover offers. What so unusual about that? It happened!

What is really going behind the scene? Nick Davies and the AOE Board and Shell already opening the champagne bottles or the cold war has just began? AOE and Shell are partners in bed and should know pretty well each other's expections.

Are they just exchanging some "friendly fires" before signing the "treaty"? I find it hard to believe that Shell would go to Nick and made him an offer that looks a "slap on the face". I understand that Nick was a very experienced senior vice-president with BP before joining AOE.

I am not going to make the same mistake by selling out early.

DYOR