no doubt BOW strategy looks better for shareholders..
having held ESG for so long it is really interesting to watch the two completely divergent strategies being played out..the scary part is that as far as market cap goes, BOW could in theory..be sold for more than ESG..
currently the two offers in play value ESG at $900M and BOW approx $570M.
i wish BOW holders all the best and i know where i would rather have my money in terms of participating in a takeover..ESG recommended unanimously while BOW advised shareholders to do nothing..quite a contrast
for me the curve ball is the fact that should a higher offer for BOW come before the scheme implementation for ESG then would this imply a higher valuation for ESG?
lets wait and see
BOW Price at posting:
$1.54 Sentiment: LT Buy Disclosure: Held
