The time is approaching when we all will need to accept the reality and realise another bid won't be forthcoming.
While many of us think the current bid is far from adequate, if it was that far below a fair and reasonable price then other majors would be scrambling for it. They're not - and it is starting to look they won't. So Seamfiend's comments make a lot of sense to me i.e. accept the current offer as the best we are likely to see. For those who are slamming BOW's reports shows they are relative novices in the market so far as company reports are concerned. Reporting always tends to paint a brighter picture than reality, particularly with speculative stocks.
In many respects the game plan has changed for CSG in recent time with political interference etc. and the euphoria of a couple of years ago has died down.
So I for one will be voting 'yes' and grateful a bid emerged before the next capital raising or disappointing flow rate reports or major market downturn. Maybe it's not the result I had hoped for but very satisfactory nevertheless.
- Forums
- ASX - By Stock
- scheme voting
The time is approaching when we all will need to accept the...
-
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BOW (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online