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Clark I agree with you however we have been saying that for months. I just hope Friday ‘s trading has lit the blue touch paper. If that be the case my timing was fortuitous.
Burford has risen over 50% in a month but medium term it still has a long way to go. I hope to see some short term profit taking as Bushie rises. if that happens I won’t hestitaye to switch some funds back the other way.After 8 years of dogged holding I am about to be more flexible.
Not very nice or necessary Goblesmythe. However i do know MassiveRay had a tasty dabble in Avacta, whether with funds from here or not. The money is now invested here as I have done after a dabble, well rather more than a dabble, in Burford Capital. I sold 6 x 1k in Burford yesterday & bought 6 x 57k Bushveld. I belive we are going to have a very good May.
Correcto Jimbo, the two bed & isas are mine. They took me 30 minutes by phone & they got the commission wrong so you may see a correction to the two Isa acquisitions from 122,933 to 123,235 each so dont let that throw further confusion into the ring.
disappearing
in the rear view mirror, now £9.185 to sell!
You may well be right DD. I should also point out that our investment is diluted by 16% as it is held via Bushveld Energy itself an 84% subsidiary of BMN. I would like to see an updated flowchart of the company structure on the website. Can anybody with success in contacting Chika perhaps suggest it to the company.
Can we be positive please? People asked why we stripped cash out of our IES investment, we then found out cash was heading the way of Enerox. Now it has been established we own 50.5% of VRFBH at a cost of $7.7m. Mustang is paying $7.5m for 22.1% so that makes our investment worth AT LEAST $17.13m, additionally we have a controlling interest which adds a premium. Good business i would suggest. Do we know who owns the other 27.4%?
ZQ33 that is the most gratuitous & unpleasant post ever in my opinion. I have disagreed with Pdub on many an occasion , most spectacularly over John Meyer at SP Angel many moons ago.However we have never resorted to insults either way. I van be & have been very unpleasant with trolls deliberately but never with a shareholder. As far as I am concerned you are a grade 1 s h I t.
Like most my patience at the lack of PR is well stretched. What I will say in support of the BoD is that shouting from the rooftop too soon & being left with a red face is not a good option. It might just be premature ( but hopefully not by too much) as our VRFB’s are not yet in full flow ( or really any yet & apologies for the pun). A little more patience is required. I have waited 7 1/2 years so a couple of months is not a hardship.