BWN 4.55% 52.5¢ bhagwan marine limited

buy and sell signals report , page-2

  1. 159 Posts.
    Good post suess.

    ONE PROBLEM: When i went through the article it states under BEARISH SIGNALS that operating cash flow is NEGATIVE.

    how is this possible when bwn is spending nothing in drilling activity.??? Bhushan is spending all the money. This didnt make sense to me.

    According to contract bowen will get additional funds from bhushan whenever needed.

    Probably they drew conclusion from charts and tables. They probably forgot the clause of getting additional funds from bhushan and all the money for drilling has to funded by bhushan.
 
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52.5¢
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55.0¢ 55.0¢ 50.0¢ $6.495K 12.79K

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4 27091 50.0¢
 

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Price($) Vol. No.
53.5¢ 7 1
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