BOW 0.00% $1.52 bow energy limited

Nervous,You are everywhere today keeping up the good work...

  1. 2,267 Posts.
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    Nervous,

    You are everywhere today keeping up the good work calming and soothing everyone

    Westside triggered some neuronics so I dug out this for you
    for some of your CONTEXT Sauce

    Westside Corporation ASX:WCL
    paid A$26.8M for 51% Dawson CSG (Mitsui E&P 49%)
    Finalised 5/7/10
    Bought from Anglo American amd Mitsui Moura Investment
    1P=60PJ, 2P=186PJ,3P=334PJ at 100%
    Metrics 2P =26.8/(186x0.51)=$0.28/GJ, 3P=$0.16/GJ
    2P=94PJ, 3P=170PJ

    At the time that troublesome metric of 16c/GJ 3P really worried me and caused great consternation

    I could only conclude it was because it was MatesRates

    But now the BOW Bid is about that level isnt it ? 15c/GJ on 3P

    I agree that we should all Do our own research

    BOW does need one of those Mythical Creatures called the OtherBidder to enter the auction


    At least the BOW board has some Gumption to take a stand and not roll-over



    Cheers
 
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