Bowleven Share Discussion Threads

[gark] 18/11/2016 11:43

I just voted against all resolutions at the next AGM. If Crown does the same and we have other PIs joining this will force an EGM and some change in the board.

[cyan] 18/11/2016 11:13

I agree; there needs to be a drastic cut in overheads starting in the board room.
If RKH can buy in some value producing assets to cover their G & A, I see no reason why BLVN can not too.
Sitting on their hands is not a corporate strategy I like.

[gunsofmarscapone] 18/11/2016 09:31

For exactly much longer are we going to tolerate the profligacy of the board, specifically in terms of remuneration? The constant drain of cash has to cease.

At the very least do not approve the relevant motions on your nominee's voting service.

I personally find Kev's stipend totally gratuitous, not one single bean of revenue yet apart from the Lukoil deal and NO penalties for the total loss of Mhlp5 and 6!

Being 25% down on a medium scale investment is not a good place to be.

[barvin] 17/11/2016 19:21

Looks to be a bit of a mini revolution going on in AIM. BOR has similar cash that is same as market cap with silly salaries, BLVN under pressure here. If these rebel shareholders get in here, it could kick off a few hostile takeovers. Here's hoping.

[slipanchor3] 17/11/2016 12:57

If that is the case he needs to put pen to paper a bit more often, and keep us better informed.

[d1nga] 17/11/2016 11:37

cyan you're most likely in the correct ballpark

afaiu they pay a membership fee annually and it costs a miniscule amount in the big scheme of things , not something anyone should be concerned about

[cyan] 17/11/2016 11:35

I thought RNS were about 90 quid, not thousands. I stand to be corrected.

[winnet] 17/11/2016 11:10

Hornet, This process is not being administered by BLVN directly, its by their appointed bankers who IIRC are Macquarie, so the day to day purchase of shares will not be done by Kevin Hart using TA!

[watfordhornet] 17/11/2016 10:41

"Yesterday's share purchases possibly interrupted by BOW being in possession of furthersensitive information, the cost of the RNS would exceed the price of the shares."Maybe above Or we have a bunch of muppets in charge who are happy spending a few grand on an RNS. Not my money mentalityUnfortunately I know which one I think it is

[slipanchor3] 17/11/2016 10:30

Yesterday's share purchases possibly interrupted by BOW being in possession of further
sensitive information, the cost of the RNS would exceed the price of the shares.
More discussions taking place me thinks.

[gark] 17/11/2016 09:38

All buys and no move up.

[p@] 17/11/2016 08:53

Guessed it!

[neilyb675] 17/11/2016 08:51

Just based on some calcs and general consensus amongst brain cells within my head space 🚀

[ihavenoclue] 17/11/2016 08:26

Neilyb... And where did you hear that? Would be happy with 60p but had so many false dawns with this share

[warbaby43] 17/11/2016 08:26

A concern must be, though, that if CO don't get their way, they sell and walk.

[neilyb675] 16/11/2016 21:14

60p bid it seems

[donpatrol] 16/11/2016 21:01

Take over Guys more like it.
Happy days, let the battle for the Company begin.....

[bengal1] 16/11/2016 20:15

EGM guys...

[watfordhornet] 16/11/2016 19:41

But where did they get it from. Surely another institution must have been willing to sellWill we get an RNS - is this not covered by last one.Sorry - catching up a little.

[slipanchor3] 16/11/2016 19:32

If we get a holding RNS from COC tomorrow i think the gloves are off and its a battle to the end.

Trades of that magnitude, whether they be swaps or sells, seem to indicate that the Institutions are taking up positions.

Takeovers and turning companies around is the business COC specialise in, so one would assume they know what they are doing and will have plans AB&C to cover all eventualities depending on what they want to achieve as an end result
OIMVHO

[tli8jaguar] 16/11/2016 18:45

COC didn't know the 5.27% equity swap does not carry any voting rights until they are exercised(properly paid for), and they want to run our company.

[griff2711] 16/11/2016 18:34

Probably COC pulling all their shares together to mount another challenge to instate their own NED's.

[bengal1] 16/11/2016 17:50

Same as the 5.27% equity swap in holdings notification