Pigpen, I get what you say. But that rather flies in the face of many other views on here that fundamentals and sheer profitability will out. If your view is right, then we really are screwed as others in this space who were way behind us seem to be cornering the sentiment vote.
..has there been no news of BE contracts? Well, I used to think the company's communications were poor. But increasingly I think this is not the case. Its because there has been no news to declare. Its all taken a lot longer than they envisaged, and whilst MNs " 100s of enquiries" may yet bear fruit, there aren't any wins just yet.
Agreed Sanchez. It rather shows how our expectations have been affected by this period of SP retracement. Was it 3 years ago we were all trying to predict when it would pass 30p? And a much much much sounder company now. 25p is still a ridiculously low valuation.
Libero. For accuracy BMN retains primacy of supply for 2 years from the date of the agreement. Which I assume is from the date of the RNS on 1.4.2020. So one year exactly although it would be astonishing if IES did not continue to look to us for V supply going forwards given the role BMN played in establishing IES in the first place!
At last, some great news and as Sanchez says, strengthens immeasurably the bid for Eskom BESS. Inconceivable that BMN / BE won't get large chunks of the tenders. Just need the MMs to wake up to what is going on right under their noses. This RNS should really bounce the SP 50% if they understood what it signals......
Libero, that is great news if true. But it does make it even harder to understand the SP!!! Someone hoovering up 27 mill shares has done nothing to boost Share Price...? How on earth....
James 2k. "FM may well be a business genius, but a big part of a CEOs job is to keep shareholders informed about goings on and to support the share price.
in that respect sorry but he's woefully lacking".
Remember this one James? One of yours. You come across as a bit of a prat. Don't bother replying. Binned.
Pdub. You shouldn't be having to write these posts because if the company had had the sense to tell investors and the market of the progress you believe is being made, it could have circumvented any misunderstanding. And it really really is important. The company has lost huge numbers of shareholders through this period. I (and many other LTHs on here) recommended it to very many friends. Virtually all are down and many have sold at a loss and will never buy this stock again.