AOE 0.00% $4.68 arrow energy limited

Well, when we will get that Independent Expert report, we will...

  1. 23,467 Posts.
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    Well, when we will get that Independent Expert report, we will know a little more and hopefully it will also tell us the value of the Dart's shares.

    But, what we all have to look out for then, is as to whether or not the report has been qualified in any way. That is very important.

    One has to read all of the fine lines properly though. Because at times (and I have seen this in the past), the Independent Expert is not really what we make him out to be and leans towards the poeple that are paying for his services. There was one time that I queried a Company as to the name of that person myself so that I could talk to him, and the Compnay refused to let me know on the grounds that the Expert was not allowed to talk to anyone otherwise, it was not an Independent person any longer. Yet, the Company was allowed to talk to him and give him all the information he "apparently" needed to prepare such a thing while he wasn't allowed to speak to any shareholder. And when I told them that, of course there was no reply.

    I then got in touch with that person myself and queried the validity of his firm's report and as to where he got his informations from, and the reply was that he prepared it from the information that the Company passed on to him. As a matter of fact that report was "qualified" at the end of it with the wording that it was prepared with information passed on to him by the Company.

    Lets hope that this time around it does not work in that way. Because, I belive that in this situation some clarity is needed.

    For the moment, Free Will et all, I will be still voting NO to the proposal.

    To me, it doesn't sound right. And the more I think about it, the more I am convinved that it was the wrong decision to make and the wrong course to take by the Company. All I ask for is, as to why they have chosen that path, and to offer us some clarity. I may be wrong and have no proofs in what I am saying, but I am still in the belief that what went on has been well pre-organized before it al came out and brought into the open. How can a Management change their mind in a couple of days from the first Announcement for God's Sake.!!!!! Too quick for my likings.

    As for my dart shares, if and when I will be getting them, I don't think that I will be holding them for very long especially since we will have the same Management there. I have given full support to that Management for many many years and I didn't expect for them to act in this way without offering any reasons as to why they have acted in that way.
    For me it has been a good learning curve/experience and I don't think that I will trust them from here on end even with the new venture. Once bitten twice shy as they say.

    But to each his own.

    Good luck Free Will and thanks for your very helpfull comments.

    Buddy
 
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