BOW 0.00% $1.52 bow energy limited

what can we do, page-3

  1. 277 Posts.
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    You need to be very careful of libellous remarks re payoffs etc. Although the angst is understandable nevertheless it may be misplaced. Remember the only big number from BOW was in the 3P area which is largely guesswork. Norwich, which is full of potential is only potential and nothing more. Also the market has changed and there is little value in comparing ESG with BOW as Santos's plans for BOW are a very different scenario than Arrow's with BOW. It seems also that Santos may have overpaid for ESG if you read some articles.
    The real angst is that most us expected BOW to play out a bit longer and this hasn't transpired. Also in a very real sense BOW has been in auction mode for a long time and only one bidder has emerged. If BOW is a screaming bargain then you can be sure other bidders would be jumping in but they aren't. So is the IER a true reflection. You can be sure there are all sorts of checks and balances to give the report credibility and weighing up all the factors that is simply the number which at this point in time is fair and reasonable. If the report was prepared in 12 months time then the valuation could be significantly different (for better or worse) depending on what progress BOW makes. So go easy on personal accusations and consider maybe, just maybe the board does have our interests at heart.
 
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