If you take a line through the offer on the table for ESG & BOW hit their reserve target of 6200pj 3P, A very nice number comes up at the bottom line.
If BOW can get .50c per GJ or better, we are going to be very happy.
That equates to $8.84 per share.
Personally I don't see BOW making that but even near that I would be happy.
Does remind me of Pure a bit though.
If that is in any way near to the mark, don't expect the big guys to let bow go much further.
Salty
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