2/ No definitely not. It seemed to me they were the obvious potential buyer without enough reserves.
3/ I believe (with a lot of hope)another buyer will come forward to lift the outcome. There is just too many unanswered questions relating to this offer/price. Arrow SPC have been very cunning in their timing and the way the share price has been manipulated.
This is my opinion only and suggest you do your own research,
Abalone
BOW Price at posting:
$1.48 Sentiment: Hold Disclosure: Held