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Main Forum•BOW barks on takeover proposal from AOE

- Sparty
- August 2011
- Permalink
BOW has soared (up 60% 11.27am Mon) on a takeover proposal from AOE.

The buyout makes sense from AOE's perspective as BOW has very large CSM reserves and is said to have the most reserves of the non-aligned gas plays.

To me the offer isn't compelling.

(I hold BOW)

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