This is the first time I have seen this. The wording backs up the situation that there is a lot more to come from the situation. From the SMH - The now Shell/PetroChina-owned Arrow on Monday said it had made a preliminary, indicative and non-binding proposal to acquire Bow via a scheme of arrangement.
Note the preliminary & indicative wording. This is a flusher offer & the first of many. Now I have seen this, I will buy more as soon as I have some spare. Salty
BOW Price at posting:
$1.51 Sentiment: Buy Disclosure: Held