Bhagwan Marine confirms Argonaut decision to initiate coverage

Bhagwan Marine is pleased to provide an update that Argonaut has initiated coverage of our company. Argonaut initiated coverage for Bhagwan Marine (ASX:BWN) with a BUY rating and price target of $0.65.

Argonaut is a leading full-service investment house renowned for its specialist expertise across corporate finance, stockbroking and research, particularly within the natural resources and strategic investment sectors.

Argonaut's coverage expands the range of independent market research available to investors alongside Bhagwan Marine's current covering analysts - including Euroz Hartleys, Shaw and Partners, Petra Capital, and MST Access.

The covering analyst is:

Pia Donovan
Associate Analyst, Research

+61 8 9224 6818
+61 457 117 753
pdonovan@argonaut.com