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Could it just be a correction after an overdone drop Bella and somebody building/rebuilding a position?
Are we seeing the big sells anymore at any buying pressure?
I am sure we will find out tomorrow if there is an RNS or not.
Daisy dog.. I don't subscribe to a BMN leak but if it's Eskom it could easily come from there.
I did list other options other than news from the BMN camp but I don't think those options would lead to such a huge one day jump.
Like everyone here I have no idea but if I were to put my neck out on anything based on what we know is in the pipeline, timing, CV effect and market sensitivity I would have to go with Eskom. That said, it's about what we know and there could still be the odd unknown to come. An unknown however might be more worrying re a leak.
Bella, that suggests you subscribe to the theory about BMN being a leaky ship? Whereas FM has always been squeaky clean and in the past we have seen massive unexpected news delivered without a whiff of a rise. Why do you think its changed?
exactly so DBB
Thank you
17:45:06 07-Apr-2020
9.30
GBX
105,112
9,774.36
Off-book
TNCP
XOFF
what was the trade at 17:45? not showing on my system!! Thanks
Alfacomp, is the trade at 17.45 connected to the ones you touched on in the bushveld perspective?
https://www.thebushveldperspective.com/blog/public-articles-1/post/the-great-tncp-hunt-364
Evening Colt... Your recent 50K purchase did you proud today...nice one...
Personally its got to be Eskom... I don't know what else would excite the market like this... They've been happy to ignore all the other great news items which for them are unknowns whereas everyone and his cat has heard of Eskom.
Continue to stay safe all...
Yep earliest since lockdown I've had a beer, cheers!
Anyone seen the late reported sell @ 17.45, games still being played?
I'm showing total trades today 29.58m
SP close 13.20
From Investing.com
Thanks Knuttie, yes some of those days in 2018 were incredible as a pence rise.
Cheers RK
Either which way I am about to raise a glass to a very good day.
HI Knuttie percentage wise though is today the largest we have had in one day since Erongo era? been a while since A level Maths for me.
Richken
There were at least 3 days last year with a bigger increase
May1. 24.8 to 29.5
May 21 23 to 28.75
Oct 19 22.5 to 26,75
We are showing as 4th on the all-share risers board today!
Cheers, RK
On HL - I can confirm it shows 13/13.4 and a rise of 3.75p which equates to 39.68%
Of all the days I have invested in Bushveld I don't remember such a large rise in one day! Although I would be delighted to welcome it every day!
When we have the next update from Bushveld via an RNS - Q1 is coming soon, I would expect if combined with some news about limited operation or controlled operation upgrades which will lead to higher efficiency or plant throughput this will ensure another significant rise. It was just over a month ago we were at 24/24.5. That is 100% higher than today. Not hard to see us bouncing up again once the plant is able to resume.
Bring with that some good news in SA like the BESS project finally getting sorted and we can be sure that we will be heading back to the 40's in quick time.
A 40% rise is a start, but we should be looking forward here with some anticipation.
In the meantime keep safe all!
Cheers, RK