QGC has market cap of over $4 Billion and BOW has current market cap of approx $45 million.
BOW wants to take on QGC, they have got to be kidding.
RPM has market cap of $50 million approx, so I realise there must be a good reason for QGC to be after them but having said this surely BOW must know that RPM has major shareholders as follows:-
QGC Group 19.16% AGL Energy Group 19.16% Oil Drilling & Exploration Limited 18.99% Lakes Oil Pty Ltd 10.42%
On 3rd July you indicated:-
1. the fact that Ron ( and you ) are major shareholders 2. Bow have a big program on their hands
So what do you think of this latest announcement (2 minutes after market close today
BOW Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held