This is the first time I have seen this.
The wording backs up the situation that there is a lot more to come from the situation. From the SMH - The now Shell/PetroChina-owned Arrow on Monday said it had made a preliminary, indicative and non-binding proposal to acquire Bow via a scheme of arrangement.
Read more: http://www.smh.com.au/business/bow-shares-soar-after-arrow-takes-aim-20110822-1j5wv.html#ixzz1X1W3L1Xm
Note the preliminary & indicative wording.
This is a flusher offer & the first of many.
Now I have seen this, I will buy more as soon as I have some spare.
Salty
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