actually, these two companies are quite good to compare, however, to be fair, we should start the comparison at the start of the race, not halfway through it.
So, if we look at when icon shifted their thinking to GSA before reserves, we should compare from that time.
December 2008, icon announces stanwell GSA and coincidentally, bow announces some prospective csg acreage pickup,
company share price market cap year
icon 0.13 cents/share 43 mill dec 2008
icon 0.23 cents/share 108 mill today
bow 0.15 cents/share 23 mill dec 2008
bow 1.03 dollars/share 358 mill today
so at this point in the race, icon has effectively doubled their value, while bow has done a 7-1, to this point in the race,
like a modern day tortoise and the hare, be interesting to see how the second half pans out, which will either be drop dead date for icon in 2013, or bow converts and sells gas (not counting the power station they are commisioning at the moment)
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