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All irrelevant noise imo designed to pick up cheap shares. For most AIM companies it's mostly guess work whether the company will succeed or not. BMN is so vastly different - it is already producing, already making profit, already successful and the plans which are slowly being delivered as per company strategy just keep happening. This isn't a hold and hope share. It's a hold and wait for the inevitable rise and true value share. All my opinion of course but it's there for anyone to research and make their own conclusions.
Fascinating how every buy in the last hour or so has reduced the ask price - It seems that this is the favoured method to stall any rise!!
So there's now an excess of more than 230,000 more Buys than Sells. No evidence yet as to where they are going to those shares from. Two sells amounting to less than a grands worth in the last hour.
*within firm PI hands...
All this action is just consolidating more of the company ownership within from PI hands who truly believe the future of the business and won’t sell, thus further underpinning the current support level which will in turn increase in price.
Keep going chaps, all the better for the so longer term, when the rise comes it will be ever more dramatic due to higher percentage of long term holdings Waiting for much higher levels as we know what is coming...
Exactly one week ago we were rising up to 24.4p. From Bushveld Minerals position in its operation and its prospects, nothing has changed. Yet today we are at 20p.
In the energy market whatever the situation over the next few months with respect to the Coronavirus the need for energy storage is not going away. But, from a global position, there needs to be a cure found and urgently for this virus.
But for those with the opportunity to buy into this business these lows are yet another incredible opportunity. When the upturn comes I think we could see a very quick upside.
Have a great day!
Cheers, RK
when will they learn?
Hopefully not before they lose the shirt of their backs.
I bet they find that watchful buyers picked up as many shares as the MMs did themselves...waste of time...when will they learn?
Big tree shake?
Added 9,107 shares at 19.5p.
GLA
Whole markets globally being affected by coronavirus. The full impacts on business sectors is unknown. If it is not contained there could be travel restrictions on people and trade. The market always overreacts. The lack of any tangible news from the company does not exactly help.
so the question is - will be see any limit sells/spreadbet positions stolen by this, bordering on the illegal, market movement ?
ian that is exactly what you call it
Won't even let me buy 1000 pounds worth!
same on iweb
NT to buy on HL. Guess it's what you call a tree shake.
Hopefully blow over soon.
buys here are now outweighing the sells
Whole market is a red sea !!
And that surprises you? Any opportunity to force the sp down isn't unexpected and if they can ride the markets coronavrus reaction all the better.
Whatever's getting sold is immediately bought by the lucky ones with funds
no it is an utterly ridiculous drop designed to try and shake shares free
topped up at 19.48. ridiculous!
hit hard this morning?