not sure on any figures but had a swipe at FAR 6 months ago and have walked away from a sure thing, not increasing their bid on arrow is also a characteristic of a mature stable company. sorry but shell doesnt have to do anything it has a price and so does arrow, but the difference may be too great. Shell will walk as queensland methane is a little bit pricey and east timor may yet prove multinationally friendly if you get my drift. Harking back to last year during the coal seam frenzy when woodsides CEO remarked 'if coal seam is profitable then how much is lpg worth" in reference to wpl shareprice. One hole to produce or 20 holes to produce, profit favours an easy path
AOE Price at posting:
$5.25 Sentiment: Hold Disclosure: Not Held
