shell has launched a takeover bid for arrow, page-14

Can't see there being a fair market in AOE shares with such uncertainty. It was the top item on the AFR, not a post on Hot Copper, LOL.

I would expect at least a release before open stating that AOE have not received an offer, if that is indeed the case.

Not much recent movement on price which is good as deal (if true) has been kept.

I remember PES shooting up before the bid - was tempted to sell before bid but fortunately decided not to. Insiders are scum.