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.
BOW Price at posting:
$1.54 Sentiment: LT Buy Disclosure: Held