Member Info for cindercone

Sorry Knuttie to hear about your wife. If anyone can cheer her up, I'm sure you can.

I said the pushing of trading theories in order to manipulate investor psychology is the same as shorting. Simply observing patterns and trading them is not.

@Tyfoon

Don't understand your point, the whole board was and is predicting the share price would be far higher than it is now. Anyway, my objection is not to predictions but pushing trading theories that seek to manipulate investor psychology towards a trading pattern. Forgive me, but what's the difference between that and shorting?

Besides, I never even accused Ophidian of trading the share. Some people simply observe EWT and buy into the patterns, others seek to manipulate holders and sell large amounts to give credence to a pattern.

I have absolutely no idea or evidence of what anyone does with their shares, which is why I did not level specific accusations against anyone. Even if I did, holders can do whatever they want with their shares, including shorting if it gives them a boner.

I'm just expressing an opinion on what I think about it.

Apologise for what exactly? Seeking to protect my (and your) investment against those that support trading methods intended to deliberately manipulate the SP and existing shareholders (in a non-accusatory manner).

Get real.

My humble apologies clarky.

Not concerned in the slightest, just offering a plausible reason for people's impatience/SP mystification. As far as I'm concerned, it's a case of the bigger the pain, the greater the pleasure.

Seems like there is a big seller dumping ever bigger amounts whenever we get around 30p. These amounts dwarf Erongo, so could be many, many months of frustration here. Without that, SPA dumbass price targets would be smashed by now - unless they're fully aware of the selling that's going on and how much there is to come.

Brilliant interview. No mention of JSE listing, however.

When I logged in to the London Stock Exchange website yesterday, it announced they are working on a personal investment section - wonder if this will include forums. If so, could attract new investors.

Thanks BBN, very reassuring.

BBN, what's your opinion on the state of Eskom's finances and how this might impact any potential contracts? Do you see the fact that the organisation is riddled with corruption as an ongoing concern, or is that mitigated by Ramphosa's election?

Don't want to put a downer on things, but really don't see how this can be ignored.

Dividends help, but (a) how far away is that when the company is still in its growth phase - 1-2 years? (b) divi has to be of worthwhile value to holders, not just a token gesture.

Let me posit a theory, which could be twaddle or otherwise. AIM is a gamblers paradise where people look for multibaggers. To those types of investors, 27p looks far less attractive than 8p, which is why the SP went berserk after the Erongo sell-off yet, laughably, has retracted after Sojitz news.

For me, PIs have made a substantial difference to the SP but won't continue to now we're at 27p. Yes, LTHs are underwriting the share to some extent, but now all we have are the usual AIM bandwagon jumpers that bounce in and out and are manipulated by the markets.

BMN needs a broker that fully understand the fundamentals of what's going on here. One that's genuinely excited about BMN's vision and capacity for growth, and reports to IIs who will buy the shares in their millions.

We can all say that AIM plays games and undervalues companies, but some are overvalued, so why not BMN? With or without Meyer, SP Angel clearly has no market leverage and BMN needs a broker with market leverage. Even if Meyer wasn't a clown, but was bullish and priced BMN at £1.50, who would take any notice? Probably no-one.

LSE rules dictate BMN has to have a broker, so they picked a two-bob one. You pay peanuts you get monkeys. And that's what we're getting. Of course, news will drop to shift the SP, but it will never reach true value or be overvalued until BMN gets a serious broker or market exposure to IIs.

Surely, any broker worth its salt should be conducting in-depth research and publishing reports justifying their analysis and price targets. If I'm not mistaken, that's how IIs typically get on board. BMN needs to seriously look at ditching SPA pushing the boat out and employing a top broker that has serious leverage with IIs. There's a cost to that, but considering the fundamentals it's a no-brainer IMO.

More evidence that SP Angel is a two-bob broker and Meyer is comprehensively clueless. And I'd just like to add that the fact pdub would rather back this ill-informed nincompoop over FACTS regarding the performance of his own investment is embarrassing.

How many more times is Meyer going to fart around with the target price? Seriously amateurish. No doubt in my mind he reads this board then gets his knickers in a twist.

Seeing as the placing was oversubscribed, were BMN that desperate for FIT's investment? You would imagine the board would seek assurances that their investor wouldn't sell so quickly, otherwise find somewhere else for their short-term punt.

How much of current performance is related to stock market conditions. AIM index is down 10% over past week or so. Due to interest rate spikes and Brexshit uncertainty, it's plausible people are being advised to pull out from risky investment environments - particularly AIM market. This would have a uniform effect on all stocks.

Oh, I forgot to mention... and a broker that sets dumbass price targets based on on nothing but historical V prices with zero research into their own client's future growth prospects.

We just had a bunch of RNSs, one declaring the strike that pummeled the SP is satisfactorily resolved, the other informing us that a cash elephant has just increased its stake from 59 per cent to 74 per cent with no requirement for extra funding.

At any normal company this would be setting new record highs daily - yet the SP sits 12% below where it was three weeks ago due to deliberate market manipulation, a numpty II that seems to have no clue as to why it invested in the first place, LTHs trying to short the share to fit their imaginary technical analysis and some superficial day trading knuckleheads that couldn't see a bargain if it shat on them.

I'd be more worried if they all started jumping.

Who knows why they're selling; maybe they're in trouble and need a cash injection. Can't imagine SP Angel's valuation has anything to do with it. You don't invest those sums based on a broker note.