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That looks like an excellent summary by SP Angel. And definitely more bullish than previous conservative forecasts.
Happy with retained 87p target, as we should push through that one in first half of this year.
100% agree RichKen, First day in a little while, that Ive got home from work and enjoyed reading the posts, without having to sieve through the dross.
Really Sorry to hear your news Pdub. I wish you all the best beating the illness, and getting your health fully restored.
I look forward to hearing good news from you in due course.
Don’t think that would be viable somtam67. It was a shame the Government shelved the idea of a tidal barrage in the Severn estuary. That scale of project would have provided loads of employment, and loads of sustainable clean electricity. Understand very expensive and also environmental considerations on the impact up and downstream on the estuary, so not a simple decision.
Agree Pdub. Very much like when we were in a band around 8p, after we had briefly flirted with 10p. Similar beviours, frustrations and petty squabbles. All quickly forgotten when the sp started its climb to the next level. I dont have a hat, but may go and buy one!
@ Lindon. Good article thank you. It is certainly very sad when you hear about that potential energy wastage with our existing wind farm system. It is almost like they forgot to put in place the correct infrastructure, to allow for the turbines to generate economic green energy. The investment for the turbines is considerable, but surely it would be sensible to plan to invest that bit more at outset to create a storage solution. In that way, we really would start to see a quicker return on the overall investment. With the current situation, it just allows people to think money is wasted with wind turbines, so why bother going green.
Just a quick Christmas message to all the fantastic posters here. Has been a fantastic year for all of us invested in BMN. Thank you very much for all the fantastic posts through the year. The news, analysis, good humour has kept me excited and even more enthusiastic than this time last year. Loads of us have far more important health issues than the value of our shares here. I want to wish all of you the best news for your health next year, and let the news on the shares be the bonus for you to enjoy in full health.
I am now off to put the star on the Christmas Bush! Have a great stress free festive week everyone. Looking forward to the next 12 months. Cheers!
Don’t be tight Fekir. A 50p ride for a £2 journey is better than any railcard discount!
Knocking it right down Alfa!
Can’t argue with that great summary Alfa
Very nice FastMoney! A grey one maybe, as I’m getting that way.
100% agree with that £2 gambit.
In the immediate term, I am seriously thinking of getting an Xmas T shirt with the BMN 2 year price chart. It looks more awesome every time I glance at it!
Merry Xmas all Bushies
Can’t get away from these number patterns Ophidian! I hope that indicates we will be looking forward to a 70 to 73p SP price band soon for BMN. Haven’t a clue if that’s what you’re hinting at, but I am sure we will be there by spring,
Fizzy drink, if you’re happy with 50p, why didn’t you sell at 50p two weeks ago. Nothing goes up in a straight line. Best just to relax and look back in a couple of months or so.
I like your 33rd post Sausages 33!
Spot on RichKen! If we’d all sold our holdings at same time at 50p, and bought back today, we’d all have 20% more shares. We all think these things after the event, but honestly, its far less stressful just to buy and hold, as Clark says.
I messed up 2 weeks ago when I sold 30,000 in my trading account to put in an ISA. I repurchased as price was rising and probably lost more than the tax I may have had to pay on them! Ah well.
@TheWiseBadger. You may consider yourself a seasoned investor if you have lost money in the past. In my experience, you need to learn that lesson before you start to make the wise decisions. I doubt there are any on here who can claim they haven’t made bad investment decisions in the past. It all seems very easy when you have hit on a success story at a very early stage, and get some incredible growth. If you had joined us 4 years ago, you may well have been put off investing for life, as your 4p became 3p then 2p then 1.5p. That was the time when the lessons of patience and belief and in some cases extreme bravery were learned. It does all seem rosy at the moment, but that isn’t after an awful lot of pain and worry. Good luck with your investment, it may well be an extremely wise move you have made at this stage WiseBadger.
Please can we have a breather at 50p. This is all getting rather stressful!
Thank you Raffym. Much appreciated! Never thought I would have to consider this when i opened my SIPP. Thanks BMN for an interesting issue to contemplate!
@Raffym. Well done on hitting that in your SIPP. I haven’t got that concern yet, but will next year, so interested to hear exactly what the options are for best dealing with it. Surely it has to be worth still retaining a holding in a SIPP? I am very unclear about exactly what tax penalty occurs after that LTA, and if it is best to keep below it. Luckily I have equal number in my ISA now, so that is protected.