How many are left? Price gets dropped as maybe one or two finally give up and sell. Still low volume. It's not surprising- nearly every single rns over 5 yrs has been underwhelming or in the end never happened. Still in the dark? Most will hope for a pre-agm uplifting rns but I think the share price will be lower by then. The money is running out. A jv will not be kind to bmr I think. A placing due to the delays will be a right mess. There will be profit eventually but from what level?
Hi Smudger - I too have written via the official email address as well as to WHI having also tried MW who suggested the former. I still await on an answer to the following questions:- We have been informed via RNS that we have involvement with:- Hunan Feilong Ascot
I asked whether as the initial news was via RNS then surely the opposite news should be via RNS.
There's a theory in roulette that you can't lose if you have enough money to keep doubling your stake and backing the same colour. You put £100 on red and it's black. Not an issue, put £200 on red and it's back again, put £400 down and red comes in, you win £800. End up with original stake profit, £100. At times, BMR feels a little like a roulette wheel with some of the posts and also to be honest, in my own investing decisions. I'm guilty of this myself in terms of whether I keep appraising the investment opportunity as a good potential for return on investment based on the information at hand at that time or whether I'm throwing more money with the roulette mentality of 'it's got to come good one of these days'. I try to make my top up decisions on BMR based on the information in the RNSs and the assets we know about. But equally, there is a part of me that thinks, this is the bottom, surely and it's got to pick up soon so top up to bring my average down. The progress since ZEMA approval has proved me wrong - we haven't hit the bottom yet and with the absence of any news, we will drift further. The only thing that is going to move this now is production starting. I just hope that in the same way the house can stop you doubling your stake on roulette when their exposure gets too high, that BMR don't pull the plug as they run out of money before it rises. There will be a lot of us who have doubled up (some based on facts, some based on the it's got to come good mentality and some on a combo of both!)
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