Ann: Becoming a substantial holder in BOW by DB G, page-10

re: Ann: Becoming a substantial holder in BOW... It's hard to imagine anyone will show their hand just yet as the reserves so far don't support a premium to the price. Arrow Energy were a far more mature stock with significant 2P reserves so if we start to make comparisons then 6 to 12 months down the track is a more likely time frame. However that doesn't mean that someone can't take a strategic interest and sit tight for a bit.
Many Arrow holders became frustrated with the wait and sold out early and are no doubt still feeling the pain and when the takeover finally materialised the timing surprised just about everyone. So sit tight and expect big swings in the share price and fortune will favour the patient. DYOR