afr 2/8/11 pg 29 - bow energy (target $1.77), page-6

Hawker,

Might just be a broker getting clients in on the basis of csg LNG being real (since Origin are proceeding), and telling them there's nothing better small left. Might be some ESG refugees as well switching to the last serious small boat afloat.

For every takeover there are about a thousand false calls by hc punters.

Kept my resolve to hold when it was being driven down, but wish I'd had the conviction to add 50% or so to my position in the 70s (where I was convinced it wouldn't stay long or go much below). Wasn't feeling game or greedy at the time - the pain of selling stocks into the GFC still fresh in my mind.

EL