What is reassuring is the modest rise in share price and holding up above the offer price. Although BOW hasn't a history in being "leaky" I've never yet been involved in a takeover when there aren't some in the know and this usually reflects in the SP and turnover. However playing these sort of games is not usually the style of big players so although things are looking healthy the outcome is far from certain. But most of us are sitting tight feeling quietly confident.
BOW Price at posting:
$1.55 Sentiment: Hold Disclosure: Held