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Another frustrating day for BMN.
This is just drifting down every day and FM needs to so something to address the damage.
Many people, myself included are incuring huge losses on what is largely viewed as one of the best and most profitable stocks on AIM.
Fortune must act, as whilst I can lower my average in the knowledge this will bounce back......eventually ( 1 or 2 years) investor returns are dreadful at the moment.
Not sure what can break this depressing downward cycle.
Tomorrow is another day.....blue I hope!
Some funny posts on here tonight.
All the LTH can see the games being played.
Nice assessment Richken.
Agree with your views and see a huge upside in the medium term here.
Keep adding folks as this is a strong, profitable, well run company with a clear strategy to integrate their resources with the market.
It's a matter of when rather than if......in my opinion......
And many others on here too.
Glalth
Hi Alpha,
Are Bushveld involved in the Dalian VRFB project or is it relevant as it proves the Tech?
Thanks
Blue
The AFC roller coaster continues.
Just when you think its turning the corner......bang!
Huge dilution and this is still very much a coin toss for success or failure.
The most frustrating stock I have ever held.
Huge potential upside but we could still lose the lot as year after year lots of announcements but still no sales.
See what the market makes of this tomorrow?
Heads it's up tails it's down.
Cest la vie
Really interesting informative interview.
Fantastic financial results this week as well.
It does make you wonder why the share price is still not far off half the pre covid value given the company revenue streams were fairly well insulated compared to many other businesses.
Reality rerate is overdue and the next few months must see the share price significantly north of here!
I Keep adding when I can and the interview tells me the management team have a well defined plan with every intention of carrying it out.
This stock is going to pay off, its just a matter of when.......
Just tried a dummy sale for increments up to 400k of my Bushies and they want the lot!
Maybe we see some uptick in the next 48 hours as the positive news filters through to the market.
Either way its a huge buying opportunity whilst it stays this low!
Have a great weekend everyone and let's see where we are after next weeks update.
The good IES news just adds to the overall positive mix.
We all know this month there will be further positive news so we just have to wait a little longer for the share price to bounce back.
agree the present share price is frustrating but I'm taking the opportunity to add as many as I can as the share price should be significantly north of its present position later this year.
A bit of patience and later this month things will hopefully start moving in the right direction.
As far as I'm concerned its BUY BUY BUY at these prices.
The fundamentals are too strong on BMN so it's only going one way from here and everyone myself included will hold on tight to the shares they have and add more when they can.
Hopefully, the MM move onto another stock and leave BMN to flourish over the next 12 months.
Its been well documented what we have coming and Covid has only delayed the inevitable
05-Jun-20 15:55:38 13.70 29,197 Sell* 13.50 14.00 4,000 - This was a buy....
I Keep grabbing a few more at these prices...........don't think it's going to see this low again so lowering my average each month it stays this low.
A really positive partner and if successful should prove lucrative for all LTH.
Long and strong is the my approach to AFC these days and current SP has removed the worry we were going to sink into the abyss.
Yes, we need orders and revenue but it's looking ever more likely this will happen now.
GLALTH
The positive is they are still working.
Still zero sales or new revenue - the years just merge into a never ending blur of costs with NO sales.
Onto the next fundraise to pay more salaries..........back to sleep everyone nothing to see here!
Back to the share price guys.....looks like another blue day today !
It's a great opportunity to grab a few more at such a low entry point.
Its obviously being played but I for one will grab a few more to lower my average in such a solid long term business.
New holder in this as read an article on line about the name change investors etc.
Looks a good long term hold to me so bought in this morning.
GLALTH
Happy to see this recover but has a looooooong way to go and knowing what I know about BMN the next few years should see the true value of a brilliant business strategy here!
I guess we will have the answers to both questions tomorrow.
Yes, I know but 12 months ago we all thought this was a dead duck and i have held these for many years so have seen all the ups and downs.
I really do think AFC have the right product in the right environment and we are at the point where we need some sales to take the next positive step in the journey.
I am happy to carry on holding all my AFC stock as i have bought all the way up and down the various peaks and troughs of the last 4 or 5 years.
Hopefully 2020 is the year AFC becomes a viable income generating business!!!