Etinde

2656 days ago

Bowleven: What value Etinde?

Yesterday morning Crown Ocean launched its requisition for an EGM at Bowleven (BLVN). I explained why the coup is a “no-brainer” here. Bowleven’s management is surely toast. Having taken tens of millions in remuneration over the years, and spent hundreds of millions on failed projects, this company has been a classic value trap. But could that all be about to change?

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