Market's view on Beowulf
Published on April 2024
- Criticism is directed towards the board of directors for poor decision-making and a lack of accountability.
- Questions are raised about why the company has achieved so little over 25 years yet continues to receive investor support.
- A stock watcher still sees the company as a buy, albeit with reservations due to potential government opposition.
- Positive reactions to a recent appointment suggest confidence in the company’s prospects.
- Observations of large volume purchases indicate that someone may be accumulating shares.
- A stock watcher argues that the company offers a good risk/reward scenario, comparing it favourably to gambling.
- Pessimism about the company’s short-term recovery, with expectations set for a potential rebound by the end of 2024.
- The company is noted to be active in the Grängesberg Iron Ore Project in Sweden, with significant reserves to support long-term mining operations.
- Concerns are voiced about the fairness and accessibility of a retail share offer in the UK.
- Negative sentiment is expressed regarding the company’s performance and likelihood of receiving commendations.
- Controversy surrounds the pricing and forward selling of a new share issue.
- Historical context is provided about the company’s past share performance and the personal reflections of a long-term follower.