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Bowleven – time for a small drop of Ouzo as a 15p special dividend is announced

By Nigel Somerville | Monday 7 January 2019


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


It has taken a bit longer than I had hoped, but this morning we had the first sign that AIM-listed Bowleven (BLVN) might be set to come good. I tipped this stock at around 31p a year ago in the ShareProphets Christmas tip-fest, hoping that it would be all over by now, and top-sliced at above 37p. Since then the shares have drifted slowly back to the mid 20s but this morning the company announced plans to cough up 15p a share as a special dividend next month and the shares have responded higher to 32p. I hope a few managed to follow my upgrade to BUY during November, at just 25p.

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