77,
you are spot On!!!!
"If you go through the Arrow threads during the Scheme period, UBS and NAB also appear with Substantial Shareholder notices, also buying and selling.
Both UBS and NAB (via nominee entities) are currently substantial shareholders in BOW.
Looks like the same team assembled by Shell Petrochina.
There's been another sign recently that BOW is in for the full pre-takeover softening up period. I'll point it out when and if it shows again.
The big question is, can BOW break out of this trading range and hold around $1.50?
One way BOW may get there is if BOW signs a GSA with LNG for Fisherman's Landing. But guess what? LNG's major shareholder HQCEC is a subsidiary of CNPC which is also Petrochina's parent. Still a chance of happening? Who knows.
The other way BOW may get there is if it strikes a deal with a one of the big farm-in partners they've been talking too. If that happens, it will be game on."
I will be sending you early XMAS invite to you!
Good work 77!
Cheers
SAT
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77, you are spot On!!!!"If you go through the Arrow threads...
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