Wazzoo, I was actually on the phone to Ian Davies of SXY when I saw that Arrow had put through this ridiculous bid for BOW at $1.48. I was scrolling the ADE thread and saw it there.
I was talking to Ian about his 1 for 5 rights issue for SXY that will cost me heaps so I suppose as a large holder of BOW any cash will help but I ain't doing anything until Ron advises me. And knowing Ron he will be spewing.
What a cheek. Must have come from the Chinese and is feeding off all the greeny talk knocking CSG. I can't believe they would waste their time. Hopefully BG will put up their hand. The BG board like this sort of a deal. Straightforward and well developed.
At least the BOW board had the good sense to advise shareholders to do nothing. Can't believe people sold. Can't they do mathematics?
Watching with interest.
BOW Price at posting:
$1.42 Sentiment: Buy Disclosure: Held