While good news is always welcome on the CSG front specific news re BOW is very thin on the ground. It seems strange that weeks ago Arrow made an "indicative" offer and the only response from BOW management is - don't sell.
And so we sit and wait. Apart from an encouraging operations update nothing has been forthcoming from Bow - even less from Arrow who made the original approach. Most of us are presuming that plenty is going on behind the scenes but I'm starting to wonder whether Arrow has simply put a toe in the water to get a feel for things rather than a serious attempt for a takeover. Apart from a robust share price (compared with pre offer price) and healthy turnovers not a lot seems to be happening. I'm starting to wonder if it ever will or I'm just suffering from a bout of impatience.
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