rpm offers

as of this moment...with BOW at 30c and QGC at $4.50,

the BOW ( 5 for 7) offer values RPM at 21.4c
and QGC (.0177 for 1 +10c) offer is 18c. The QGC sp took a dive on the announ. probably in recognition that they might have to up the offer. But BOW's offer right now is not 25c as they talk about. I wonder how many knew it was coming and sold down BOW over the last few days.

It looks to me as if the LKO in RPM holding is still uncommitted which is very interesting. BOW would not have bought too many on market so they must have signed up a few top 20's to their cause.The rise the other day on the 26-27/6 could have netted BOW about 5m only. That LKO holding in RPM is strategic.

With BOW in a downtrend this is also not a compelling offer but still better than QGC right now. As an RPM holder I'm happier with the greater upside that I believe BOW would give me.