It sure is a renovators (SHELL/ARROW) delight, but you would hardly expect to get much premium on it, which is why they are lowballing and not offering what it will be worth. We may end up getting a small premium, but unless there are a few more people at the auction, Bow will have to take what they can get, or get those reno results going themselves.
last time i checked, the dutch weren't known for their extravagant spending,
another thing is shell might just have figured out how to get the conversion to 2P that Bow, BG and themselves are striving to get in the Bowen.
sure it sucks as a Bow holder, but its pretty smart business by shell.
- Forums
- ASX - By Stock
- BOW
- current offer significantly undervalues bow
current offer significantly undervalues bow, page-24
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)