BOW 0.00% $1.52 bow energy limited

gip comparison

  1. 1,269 Posts.
    Hey guys just wondering, because the metric for CSG takeovers varies greatly, surely the suitor considers the GIP?

    ESG 17 tcf http://www.easternstar.com.au/pdf/broker/ESG_180209.pdf

    BOW 13.8 tcf http://www.bowenergy.com.au/company.html

    Based on these figures, using ESG's offer of $924m as a constant, BOW could expect $740m or $2.11ps. But then you have the proximity of BOW to Gladdy, presumably less water disposal issues, QLD governance - They should be expecting a premium?

    Be interested to hear thoughts or other methods of comparing the two.
 
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