the initial offer is likely to be raised in up, page-4

dont forget that BOW's letter to shareholders stated that they were to assess "...other strategic initiatives"

imo i dont think we have anything to worry about with our management not looking after our interests.

It is very pleasing to see the market currently place a value on bow at above arrow's offer of $1.48. Sure beats the same market that was only until recently telling us we were worth less than a dollar...