QGC have sowed up about 76% of RPM during a period which has seen both Bow and Qgc sp's fall appreciably.
I am thankful I saw what was happening and accepted the Bow offer.
BOW offer now worth 20 cents a share for RPM
QGC offer now worth 18.36 cents a share for RPM.( at today's closing prices )
Since the offer was made BOW have added Canaway to their CSG inventory.A significant CSG play.
BOW will surge...and so will QGC. But BOW's leverage is far superior.
I just wish BOW could have picked up more of RPM....a really undervalued CSG play and a nice little piece of the Growler oil field which is looking better by the week.
Yes, I think we are going to see a lot more activity on Queensland CSG merger and aquisitions.
BOW Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
