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Of course we all want the industrial action finished asap, but it is totally out of our control. But without doubt it has presented us all a buying opportunity, that would never have occurred. The only thing we can control is when we buy and sell, and at what price we chose. Last week, I was really lucky as I had one of those 0% credit card deals, so I bought another 50,000 shares at just over 20p. That was definitely a big buying opportunity that I couldn’t refuse. i will need to pay £10k back in about 18 months, but that’s a long way off!
Very pleased for all you longtermers. You really deserve a few days like this. Would love to think it continues, as afraid I did not have the stamina, or patience to hold, and sold all mine a while back after holding for about 5 years.
Good luck for the future.
Well said Pdub. Another perfect blue day today. The only red I am seeing are the filtered messages that keep popping up today.
Fantastic news today, and I would hope it can be communicated in a way that gives extra motivation to our workers, as an incentive to resume asap.
That would be a big oversight, as currently about £65,000 profit on those 289019 warrants! I think BMN could live without the £6936 proceeds from them.
And the share price seems to be responding in the right way. 24.85p last buy
Strange the date of 21st on the engineering news article, that we didn’t know before yesterdays RNS?
Dryland, yes i have done exactly that with 3 Standard life pensions into HL. It was 5 years ago now, so slightly vague on exact timescales. I know I requested each transfer at the same time, and 1 was within a fortnight, the other two about 3 weeks. Very pleased I did it at the time. Good luck
An excellent mantra Ophidian. I think the filter mech is great, but there will always be posts that are annoying because of their outright dishonesty and provocative nature. Personally I have never responded to any, as it is obvious it does no good. Very happy here with the best investment I have made in 35 years, and enjoy 90% of the fantastic contributions by all the very knowledgeable and friendly fellow investors.
Agree with that Alfa, but not so sure our own leaders are the best. Eg the Grenfell tragedy, that should never have happened with proper regulations. There always seems to be money and cost saving behind these horrible events.
Headancer, we dont know what the right figures will be in 2019, as it is a forecast. SP Angel have used 3 possible scenarios for this year, but have not allowed for a sustained higher base price for Vanadium. They are being ultra conservative. Nothing wrong with that, but it does show that the real potential is much higher than they are suggesting.
To be fair they do state that their 33p may well be an absolute base purely for Vametco, just on existing production, so if we read between lines plenty of wriggle room for them to argue they were being rational. I believe likelihood is much higher than $35 but dont know.
We all need to keep some back in places like Nationwide, but none of us would ever get richer by leaving everything on deposit. Who knows, we maybe earning more than a 1.3% dividend with BMN soon.
Reteps. I tend to agree with your thoughts. I posted just to highlight, that there is likely to be more exposure given to these projects, as EV’s gain market share. It looks like lab scale research, with a few speculative claims about future potential. I certainly feel that VRFB will be the “flow battery” that more people are discussing widely before long, but probably for larger applications than car charging points. These projects are all good news, as they show the need for battery storage to eliminate growing problems with peak demand spikes.
Researchers say new 'flow battery' could charge electric cars in seconds - Sky News
https://apple.news/AzADBUjVnQZyWkow2mHDtbg
Added 13391 to my SIPP just to bring it up to round number. 26.93p paid
Faramog, I was just being daft, imagining the sheet would immediately reflect buys and sells of each holder. No such luck. I’d like to think it was fairly accurate, but there are quite a few names on there we dont see on LSE.
I think I need £1.25 for the million milestone, but as about half mine are in SIPP, I am looking forward to a little higher.
Useful calculation Faramog. Everyone has a different exit point, so its a shame that spreadsheet doesn’t auto update!
Faramog, I can’t believe it is less than two years since our price was about 1.5p. So, your zero on current price in another 2 or 3 years is not inconceivable. It’s strange how we all bought, with a bit of a “what if thought”. Well that has happened inside 2 years, and now it’s the next “what if”. The way the Company has been steered, and what has been achieved in a very short period of time, just make me think that the next phase will be equally spectacular, and just as lucrative for all the new shareholders joining us now. There is nothing that would make me want to sell any of my shares in the foreseeable future. I plan to retire in 5 years, and BMN may well fund it purely through future dividends!
Completely agree, Knuttie. It is not a great idea to look at every fractional movement on any share price. It becomes an obsession. Yes it’s great to buy at a low point, but normally a lucky break rather than anything else. But the main thing is to have a plan to invest a certain amount, with a view to cash out at some target point in future. Don’t get too sidetracked by very small ups and downs, as long as the trend is in the right direction over a sensible timeframe.
@ Raz10 It is always a bit disappointing when you buy any share at a high point and it does drop, almost immediately afterwards. I’ve done it loads of times. However, I don’t think anyone who did buy at 27 has been caught out, because their investment will reap fantastic rewards if they are keeping for growth over 3 months,6,months, 1 year, 3 years. A penny or two either way on current so will be immaterial.