re: Ann: Becoming a substantial holder in BOW...
The Deutsche Bank (DB) substantial holder notice is a significant sign to me. Please do your own research to confirm my facts.
DB were in the thick of things prior to the Arrow Energy takeover. Arrow shares were hammered prior to the takeover and my guess is DB will be trading BOW shares and shorting at any sign of weakness in the market.
The shorting has slowed recently as DB has been accummulating. Now they have a significant stake and can really work some action on the share price.
Obviously I need to careful what I say and please don't rely on my opinion.
My guess is DB was working with Shell and Petrochina prior to the Arrow takeover and their in cahoots again.
Expect negative remarks from DB in relation to CSG industry and the prospects of the Queensland LNG players.
Good luck and please don't hesitate to tell me I'm wrong in the next few months.
Good luck.
BOW Price at posting:
93.0¢ Sentiment: Buy Disclosure: Held
