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Bowleven – Shares explode to 8p: is a statement due, and should we all bank mega gains?

By Nigel Somerville, the Deputy Sheriff of AIM | Friday 29 January 2021


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.


I commented on good news from AIM-listed Bowleven (BLVN) on Monday, following news that the joint venture of which it is part had been given permission to apply for a new exploitation agreement regarding the Etinde gas prospect off the coast of Cameroon. The shares were then around 5p (nicely up from 2.17p at the bottom of the Covid-crash last year) but I wondered if they might be a stonking buy (with a few caveats!) Well, blow me down…..

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