AOE
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0.00% $4.68 arrow energy limited

street talk afr-rival bid coming, page-13

  1. Free will
    10,486 Posts.
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    11/03/10
    15:29
    Post #: 6436328
    IMHO, current share price reflects the initial non-binding offer only. So little downside at the moment as I can't see Shell pulling the offer if it is not recommended by AOE. More likely, they will launch a hostile takeover bid at or above the initial price.
    AOE Price at posting: $5.08 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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