Member Info for Alfacomp

the current price that market makers are prepared to pay for shares is completely irrelevant to the long term success of the company. It is more a reflection of the Market Makers persistent short position from Nov 2018 that they need to close before BMN decides that it has had enough of the sh-1tsh0W that is AIM

Denno - it is stored in 45 gallon steel drums.

because if everyone sits and holds their shares then it only takes a small number to encourage the MMs to shift the price.

faramog - exactly - the so called Market price right at the moment is simply the price that Market Makers are prepared to pay to acquire shares. It has got nothing to do with the price that fundamental investors would sell their shares at. It is a broken market, especially right now, but there are systemic failings that have existed throughout.

#OffAIMNow

thanks CF - yes I am and it is even more helpful in the current period as LSE are not reporting significant numbers of trades each day.

up 25% so far today

alas it is only certain companies and as usual does not apply to the Market Makers

Most important to remember is that we mine and produce a material that is only produced at 3 other sites outside of china.

This material is needed as a key component in one of most use building materials that there is - steel.

Furthermore this material is also used in huge quantities in devices that will become ubiquitous in the future.

There is one of these devices being built right now in the centre of a chinese city and it is the size of two football pitches.

It will use USD 120 mIllion dollars worth of Vanadium - as much as we can produce in a year.

exactly Sanchez

Indeed, the Stina guys haven't really got a pot to do the proverbial in so FM may make them an offer they cannot refuse.

one thing that is very interesting is that Ferro Alloy Resources (FAR) has not fallen a similar amount to BMN today, in fact it has not fallen at all.

This may be because in the last 7 days, during some of the greatest 'corrections' since WW2 there have been a sum total of only 2 trades on that (main market listed) shares.

Thus you can see that the SP behaviour here is nothing to do with Vanadium and everything to do with AIM market traders and market makers.

Exactly - if you want to beat yourself up for not being able to predict the future then go ahead, but since you've been investing for the last 7 years at least I suspect that you will find the strength to take a longer view than that.

Sanchez - maybe they are all working from home on dodgy VPNs ?

no both simply involve sucking up necessary pain for the longer term good.

more buys than sells today. Yet the price is being arbitrarily suppressed by 15%

"generational supply" that should of course read - seems that the MM's disease of confusing supply and demand may be contagious !

Introv - of course it is not just the renewables sector that can benefit from large scale stationary energy storage. Even a conventional grid, run purely on fossil fuels or nuclear power can benefit because instead of building generational demand to meet peak load if you have energy storage you can build it to only have to deal with the average load.

This is not just a few percent difference - as this (https://gridwatch.co.uk/ ) shows typical daily fluctuations are 30%. PV makes little impact on this as the minimum is at 5am and the maximum 7pm.

I'm not complaining as I just bought tens of thousands more shares that I could otherwise have done. If they are going to be dim with their pricing of BMN then it is only fair to take advantage of the situation.

Welcome back friends !

The stationary energy storage market is set to be huge in the next decade and we fully expect VRFBs and Invinity to make its mark.

https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-414

https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-415

https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-416

Apologies that should read 10% - still a great deal for us, and the blossoming VRFB sector