I have BOW since 2007 60k shares, and the profit is nice but not as expected at all. I bought this stock based on future value calculations not to accept such a rotten t.o offer from Shell Again i didn't kept it that long to accept such an rotten offer and keeping it was not easy with the hi volatility almost nerves cracking lol I can?t believe BOW Management will accept it, as BOW has plenty cash and get income from the new PowerStation etc. It is just a matter of time and the gas in the Gladstone area becomes very popular and in hi demand
Shell management is extremely bullish on the future gas business and is investing heavily in it world wide .
Shell has no fix policy for take overs , the area manager here is a lady and I believe not an Ausie and perhaps she things that you Ausies are stupid lol I worked for Royal Dutch Shell for 30 years lol
BOW Price at posting:
$1.50 Sentiment: ST Buy Disclosure: Held