Being serious for a moment, does anyone think the bank holiday may be a factor in the short today as extra time to process this weeks RNS's may well bode well for next week. I imagine the bounce will be incredible when it comes....
recovery from what... 19.5p due solely to a big short attack, surely you cannot count that as real valuation? so we have not seen a 37% recovery in truth as the drop was manufactured. Fundamentals will show through in the end.
therein lies the fun... asianmetal vanadiumprice.com of course these show spot pricing which can easily be unrepresentative of reality. I have experience of this in other markets.
I suspect there ay also be an element of F.U involved here. Bushveld interrupted their short, so they have decided to progress it despite the great news over the last two days, basically saying "we can do what we like"..."whatever you say" I am pretty convinced it is a game to many in the financial world, most ending up as some kind of sociopath...massive sweeping statement there eh: ) happy to be corrected of course
I thought I did well getting 29.9 first thing, but there was a part of me thinking uh oh as a I hit buy. It does go to show the power of the big forces in this game. Not worried as in for long term gains, great RNS, value will out in the end.. Gla
I liked this: "As far as electrolyte supply is concerned, we expect to announce some supply agreements with downstream stakeholders in the VRFB supply chain in the year ahead, while we make further significant progress on the manufacturing plant itself" expect to announce..
Thanks not sure moneyam showed all the trades as i did not get 500k, but I am on my phone having a quick look. Fascinating few days. Can we pre order the book Alfa :)?
Wolfman - thanks, why do they have to buy additional Bushveld, why create more shares in the EFT? Does the value not just increase. Showing my ignorance here, just tried to read up and am none the wiser.