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Market analyst Rajan Dhall talks about the financial market Watch here

Market analyst Rajan Dhall talks about the financial market


Bowleven Share Chat (BLVN)



Share Price: 26.75Bid: 26.50Ask: 26.75Change: 0.00 (0.00%)No Movement on Bowleven
Spread: 0.25Spread as %: 0.94%Open: 26.25High: 27.00Low: 25.25Yesterday’s Close: 26.75


Share Discussion for Bowleven


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durby
Posts: 2,237
Off Topic
Opinion:No Opinion
Price:33.50
RE: Scaremongering ....
17 Feb '17
Indeed - at the rate the leeches are throwing away money without anything to show (e.g. $90m spent in the last 2 years) and rewarding themselves fatcat salaries and keeping a team of 23 people (doing f all perhaps ...), soon all the money will more likely be gone!
 
tunggie
Posts: 676
Off Topic
Opinion:No Opinion
Price:33.50
RE: Scaremongering ....
17 Feb '17
Zero debt for now, but when the cash has disappeared, the company will be unable to operate as a going concern.
tunggie
Posts: 676
Off Topic
Opinion:No Opinion
Price:33.50
Oldtimer
17 Feb '17
>50% of the votes casted on each individual resolution.
durby
Posts: 2,237
Off Topic
Opinion:No Opinion
Price:33.50
RE: Scaremongering ....
17 Feb '17
Are't you one of those who have been scaremongering?! How can a company with ZERO debt go into administration? Who are you fooling?!
tunggie
Posts: 676
Off Topic
Opinion:No Opinion
Price:33.50
RE: Scaremongering ....
17 Feb '17
Durby is a troll, he's been trolling GKP for over a year.
tunggie
Posts: 676
Off Topic
Opinion:No Opinion
Price:33.50
RE: Scaremongering ....
17 Feb '17
NOT IF THE COMPANY IS INTO ADMINISTRATION.
durby
Posts: 2,237
Off Topic
Opinion:No Opinion
Price:33.50
Scaremongering ....
17 Feb '17
There are folks who are trying to scare some not so well informed shareholders that once COC wins, they can do whatever they want with Etinde. But as Etinde is the company's primary asset, per the U.K. Company law, CoC will need 75% shareholder votes to for example sell it.

Beware of these individuals.
durby
Posts: 2,237
Off Topic
Opinion:No Opinion
Price:33.50
RE: The result
17 Feb '17
Simple majority - i.e. Excess of 50%.
oldtimer
Posts: 3,827
Observation
Opinion:No Opinion
Price:33.50
The result
17 Feb '17
Here is a question for someone that might know, we all know that CO must win the vote but just how do they have to win, is it just by a majority or do they have to win by say 75% etc., and if they don't get the 75% bro the current bod stay.
lizardking
Posts: 4
Off Topic
Opinion:No Opinion
Price:33.50
View Thread (2)
My decision
17 Feb '17
I have just finished reading the document sent to me by Bowleven and it hasn't changed my opinion of Kevin Hart, he must go, his initial success with the Etinde drill can't be denied but since then his leadership has been questionable. Firstly with the Petrofac deal which cost us 15 million i think which was described as ONLY 15 million at the time and then with the Bomono drill. I almost got the feeling that with the money they got for Etinde that a bit of waste was acceptable. Also why can't he just admit that the buy back wasn't for the share holders benefit but was started to try to ward off COC's advances?!! But these guys from COC strike fear in my heart, they sound too much like Gordon Gekko for my liking, get in there for a quick pound for themselves with no thought to the shareholders at all, especially the long term ones like myself. So i've decided not to vote for the COC proposals apart from the Kevin Hart one and if the share price goes down to 20p so be it, i'm willing to wait.




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