Bowleven Takeover Rumours (BLVN)

Bowleven Chart

Bowleven Takeover Price

Bowleven Takeover Forum Posts

24-08-2016
I understand the shares are being held in treasury rather than being cancelled. Maybe sell them on a high takeover offer, rejct the bid and end up with a stronger balance sheet? lol Why hold in treasury?
20-08-2016
If you consider the cash is in dollars, the value of which has gained 25% against sterling this year. The market cap of Bowleven is in pound sterling which has remained flat even though the value of the cash has risen. The share Buyback costs Bowleven nothing. This share should now be trading at 32p on the value of the cash alone!! This is trading at a huge discount, the share buyback will make it even larger. Question now is how long before we get a hostile takeover attempt?
19-08-2016
Dan No to equity wipeout with a busted takeover done in that way. It is a clever method of using a subsidiary as a temporary bond saviour so that they can get firm control of the main assets or in this case asset sold for basically **** all back to the parent company. I always comment about the likes of CHAR and the barren asset folder but in the opposite situation, specially in a distressed PoO market, good and proven assets are worth many multiples than how administrators attribute to them. If in the future, the deal went ahead, the existing management would have to be retained for a minimum of 2 years. SP wise, normally you would expect a sudden strength in the share price as the asset starts showing it's true value and not the value that the overall sector market puts on it. A long winded explanation but it is certainly not a negative when considering the current share price. Apologies for the OT as not BLVN related.
18-08-2016
Here hoping for a good finish tomorrow or an rns showing a takeover in progress Gla
Interesting that a takeover offer might be on it's way, unless a surprise corporate update ahead is sparking renewed interest. I can't even trade it for a profit as I filled my boots around 30p average last April. I thought it was cheap back then.
15-08-2016
Thats a big jump in % by these guys, and all done over the last 5 weeks yet the share price remains flat for this period. Market makers are holding this back for them. Interesting times ahead now, if they continue to stake build then it means we have a takeover alert here.
08-08-2016
From Malcy today:- Going the other way is Victoria Oil & Gas who's shares have nearly halved since the peak of 53p back in February. Today they have announced advisor changes which may indicate concern about a potential takeover which with a market cap of only £35m wouldnt surprise me one bit. ( See previous blogs re BLVN) Removing its broker and replacing with two new ones and keeping its Nomad is probably overkill but a belt and braces approach at this stage could be wise as the shares are too cheap.
16-06-2016
Crown Ocean increasing again. Smells of stake building ahead of a takeover bid.
03-06-2016
Something up here, I agree think we get a takeover bid or mbo coming through. Very odd trading this week and the price being held.
9 million?!? I think a lowball takeover bid will see this rerated. Only when we flush that out will value be realised
25-05-2016
Something do with Egypt....or an Egyptian takeover...Partnership ??
Shocking at best is the management team at BLVN... it seems their sole attitude is one of pure self enrichment and not giving two hoots about the shareholders whose capital they have destroyed.. I really hope there is a hostile takeover in the offing and the troughs are firmly pulled away from this lot.. i will now take 25p to be rid...
28-04-2016
i do not care what anyone else says. something has definately been leaked.. is it a takeover or aquisition
Bakedbeans Board takeover by whom? Hopefully three events will kick the share price out of it's current impetus. Secondly, a part purchase of a producing asset, e.g., 35%, many to choose from in W & E Africa that are struggling to finance operations at any reasonable interest rate. Firstly, a balanced emphasis, embracing activity agreed now. Thirdly, for JPM and OMF to leave off their 2-3p abuse range that they have traded for over a year mercilessly.
27-04-2016
cash worth 20p a share 80m carry on 2 wells (20p share again) 20% of etinde worth around 20p share (may be worth more) bomnomo around 3p a share.. so i have a takeover price of 63p...over 200% upside.
At a guess share price suppressed for a board takeover would not surprise me with how they have played news / no news. Cynic yes also a realist...
At a guess share price suppressed for a board takeover would not surprise me with how they have played news / no news. Cynic yes also a realist...
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