maybe this belongs in politics, but my concern is the latest politicisation of the CSG industry and its effects on BOW. Even if BOW is not directly in the "firing line" so to speak, we NEED a CSG industry to sell into and to get value from our investment. Even the threat of the resource tax pales into insignificance with Abbott's latest move. There are several FID looming and if the big boys lose confidence and pull their plans where does that leave us? I welcome any positive comments, but can't see any good from this latest move. The Greens know they can't shut down the industry alone and NEED the bleeding heart city dwellers to swing the tide. With Jones pushing the radio buttons, along with other radio commentators here in Brisbane I fear the situation could escalate which would be DIRE for any holders. any speculation on BOW being in play will be purely wishful thinking I fear.
I hold, but nervously.
cat lady
BOW Price at posting:
99.5¢ Sentiment: Hold Disclosure: Held