You may be correct in that dom gas will soon be on parity with LNG. However i am not prepared to wait that long and i doubt any company running the ruler over AOE has that in mind. For the big boys its all about LNG, the domestic market and power generation will be left to the ORGs and the like.
if i have jumped ship to soon i will be the first to admit it and congratulate AOE holders for sticking around for any counter offer. Your are right, no one knows at this stage of the game but i personally feel like taking my profits and moving on is the right thing to do.
s.loeb
AOE Price at posting:
$5.15 Sentiment: None Disclosure: Not Held