i just wonder if a low ball bid is entertained by arrow directors - say $6 plus international shares distributed, whether this would seem too much of a bargin, hence BG throws in a bid - you are talking a monster long life resource that all the majors are trying to attain.
main thing is we get a formal offer on the table and some decision by the board - suspect it will be monday before we hear anything, that gives them the weekend to put it all together.
AOE Price at posting:
$5.27 Sentiment: Buy Disclosure: Held