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Are they short sighted tog? Doesn’t all depend on your strategy? If that doesn’t align with yours who’s at fault? No one. That’s what make it so volatile with no guarantees.
If you’re here for the long haul then sit back and relax.
I chi, why is BEN a disappointment? It is a company just over 12 months old, that was bought out after going under. The amount of work they have done to get to this point is incredible. Your impatience will not change the situation. If you are in this for the long haul then sit back and wait. If not then sell now as it might not change for 6 months. This is a new business with a big potential. Focussing on the minutia of daily activity portrays the wrong picture.
How many of you naysayers actually understand how a business works? None by the sounds of it. These transactions are standard and happen all the time. Taking on loans and debt to grow a sound business is the only way to go sometimes, you can’t expect a new business like BEN to grow organically, it needs the working capital.
I suggest you go back to accounts 101. Oh and sell your shares in the meantime as you’re in the wrong game ;)
So I thought I knew something about shares, obviously not! Can someone please explain why there are lots of buys this morning but the SP is not moving!
In the words of the Monkees ‘I’m a believer’ but this is ridiculous!
This is great news today but it’s not the golden ticket. Having land to mine is one thing, but having the equipment is the key. Don’t get me wrong, this is a hugely positive step but I don’t think it will really take off until we get news of HWM on-site and ready to go.
All good stuff Penstock. Hopefully investors will start to take note and see the potential. I can understand the markets are cautious at the moment however, with the exception of delays which are to be expected, there is nothing but good news currently at BEN.
Nursesteve, look at the name on the RNS and then go to Companies House:
https://find-and-update.company-information.service.gov.uk/company/07388078/persons-with-significant-control
Good work nursesteve! I had a look on companies has and apparently their business is listed as:
- Wholesale of perfume and cosmetics
- Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
Would have preferred the other blue star!