more consolidation, page-11

ThePinto. My post only stated a hypothetical scenario and in no way am I ever going to dream that "logic" ever plays a part in modern day management.
My "theory" WOULD be "logical" and if Arrow was not the "interested" party, I would have thought that the BOW Board would be looking for ways to satisfy their SH enough not to take any offer which will remove all of current SHs equity in a company that they have seen grow from a two bob hopeful to one that someone is prepared to value at over $500 million.
At least Arrow has been honest about it, unlike the way BPT has effectively disenfranchised all ADE SHs and made them just a pawn in BPT's 'game", whatever that might be.

And are you trying to say that the GSA, IF it was in BOW's hands, would not double the value of BOW?
I agree with you that in ICN's hands it is nowhere near as valuable as being in another company's hands that HAS gas, someone like BOW, and how that would both minimize BOW's obvious current viability and significantly increase THEIR value.
I repeat that until ICN can come up with gas, the GSA in their hands is and will continue to be treated with contempt by the market and that's why our SP is still around $0.14, not the $1.48 that BOW is attracting even without any GSA's.
And who knows how much conventional gas is in 218 and 855 over which ICN has immediate operator status and should be exploring without further delay.