BOW 0.00% $1.52 bow energy limited

stockanalysis 1 dollar target, page-21

  1. 3,935 Posts.
    40% of the shares in Bow are held by the top 20 and of these 12% are held by Oilex persuant to their sale of leases to BOW. They have no interest in a takeover.

    Ron Prefontaine holds 8%
    Arrow Energy 2%

    There is a strong close group of private supporters so I can't see any way that a preditor could make a move without forcing up the share price. In effect, someone would need to buy 20 % of the company on market to make a start.

    We would notice that happening.ie someone buying 20m shares.

    I think we are safe from a hostile takeover and can comfortably watch our share price increase as CSG and oil drilling results come good.

 
watchlist Created with Sketch. Add BOW (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.