Moneytree,
"Arrow will move on BOW or their CSG leases when it is clear that it is the correct and clear best business opportunity. That could be any day.
Based on recent industry prices the move will need to be over $4.00 to succeed."
Those are strong assertions.
I am not sure about Arrow bidding $820mm, they struggled with much less than that for the 70% of PES they and Shell didn't have. Since then they have forked out for BPT's TW stake. PES was a far more valuable asset.
And always remember folks that MONEY DOES NOT GROW ON TREES, and NEVER trust anyone who tells you it does.
EL
- Forums
- ASX - By Stock
- BOW
- today's run
today's run, page-8
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)