Ann: Becoming a substantial holder in BOW by DB G, page-26

re: Ann: Becoming a substantial holder in BOW... This doesn't all add up to me.

Why sell when the reserve targets are so close (5 x 2P & 2 x 3P).

Undervalued x 50% on current stock @ $1.52. (ESG I/V for 3P & 3P+2C)

Bright future in GAS WORLD.

$70 - 90m in the bank and great QLD field position.

Power Station coming online.

Good oils assets.

As previous poster stated, BOW run the 'For Sale' up the flag pole and I hope not just on a punt of other buyers.

One would hope this Board are not out for a quick buck but to mazimize the task they have set themselves and return the best for the company and its shareholders. Or are they showing their true colours

Yes to another bid.

Abalone