THis Fat Prophet has a point. Most people who bought in the last...

THis Fat Prophet has a point. Most people who bought in the last few days (over 100m) are betting on Shell sweetening the deal or rival bids may come in. If these don't happen and the whole deal is off, most, if not all of them will sell and we are back to square one.
However, it would make a lot more sense if he suggests holders who sell would put the money in the bank for if the world is really recovering strongly such that BHP is a good investment, all the energy that will be needed will make AOE finding that $2b so much easier. Chances are you will get a better return on AOE than BHP or WPL. And if the world goes into recession again, BHP or WPL would probably be not much better an investment than AOE.
I don't know the real reason why AOE took on the Fishermans Landing project by itself, hopefully not being forced into it by circumstance and that AOE has a sound plan to obtain the funding. Afterall, they know what funds they need before they bought out the FL project.