Christian Andersen will head to the Avance Gas Christmas dinner tonight disappointed that the company missed out on taking over Aurora LPG but still focused on consolidating the VLGC sector.

Avance president Andersen explains he believed the option for investors to swap from the illiquid Aurora share to the more active Avance paper offered value to those shareholders.

"That did not happen and that is fine with us," Andersen said during a telephone interview today.

Downside