Simon Thompson 

Bowleven drilling disappoints

Simon Thompson

Simon Thompson

Earlier this year I suggested taking profits on half your holdings in Africa-focused oil and gas exploration group Bowleven (BLVN:30.5p), a constituent in both my 2016 and 2017 Bargain Shares portfolios (at 18.9p and 28.9p, respectively). In the event the share price continued to rally to a four-year high of 40.5p, thus offering ample opportunity to de-risk the investment (‘Hitting pay dirt’, 9 April 2018).

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