BOW 0.00% $1.52 bow energy limited

Hey guys just wondering, because the metric for CSG takeovers...

  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.
 
watchlist Created with Sketch. Add BOW (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.