I do expect another bid closer to the $2 mark, but its, in my view, not much more than a 50% chance of happenning.
Also the IR might throw the cat amongst the pidgeons. The best that will come from that is a widing the spread of the valuation.
As such I have sold 50% of my sizeable BOW holding to enable me to redeploy the funds in the NMG CR that closed last Friday. (I expect NMG to give me the 50% premium that is missing from the Arrow bid)
BOW Price at posting:
$1.48 Sentiment: Hold Disclosure: Held