RE: Share Issue11 Dec 2023 17:28
I think the market, especially AIM, is just not very bright. By that, I mean forward thinking. MM's just want to fleece their spread and a lot of investors have no patience outside of two weeks. If you notice, most days the book is stacked to the downside, big hill to climb to go up and not much allows it to fall.
I think there will be interest at 3p if someone is buying millions, other than that I can't see it. I also think the traders bailed because it didn't move fast enough for them and there is other places to earn faster money.
If CC comes up with some electrolyte contracts the herd will arrive. Until then, I'll just wait. BMN will be a slow burner until V Prices change. Since the price has been so low I've averaged down A LOT, so my break even now is not that far from where we are. A couple of years and I think this will be rocking like a fat bird in a dinghy