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Possibly from here?
Gold price.com is showing $2407 (+4.76%):
https://goldprice.com/palladium-spot-price/
Prices on this site always seem to be higher than the regularly quoted prices though.
Remember why the bashers do what they do (and the tricks they use)!
You might recognise some of this behaviour..?
https://messageboardfools.com/bashers.htm
Might be a Bed/ISA? It's below £20k annual limit and these transactions tend to go through near the bid with minimal difference in SP? Just a thought. If so it cost the individual 2000 shares to protect over 400k from capital gains and a sensible move.
Been lurking this board for a while and my first post so not a troll or a ramper...
Morning RK
I agree I do think it is turning and we will soon be at a tipping point where momentum will build again although if my own cautious optimism is anywhere near a common view I do think we have seen a couple of false dawns on the vanadium price increases before so really would like to see this run continued for a while yet. A catalyst is needed in the form of a BE contract to give it a nudge - given Mikhail has referred to hundreds of discussions it would be nice to start converting these.
Many thanks for all your postings (and the other regulars of course) . I genuinely find them so positive when so many of us holders must have been suffering from what I call share price decline fatigue syndrome!
Cheers
According to Asianmetal vanadium prices are up again across a range of products.
Strange how price falls trigger declines in the SP yet increases stubbornly have little impact! Hopefully the market will catch up soon!
GLA holders
It's encouraging but too early to tell tbh. One swallow a summer does not make. We have had a couple of false dawn's before. However if this trend has continued to next week that will be highly positive but what will show this is a meaningful correction back up is if this continues through to the end of December by which time we would be going in to the new year some compound 35-45% higher than today. That would take us closer to the sweet spot in prices in my view.
Hi Tyfoon. I get that they themselves are subject to a lock in and we don't know if YD is the tame seller. IF they are then they still have other shares not subject to the lock in.
My point is that this transaction (notwithstanding the restriction) priced at 24p provides a rationale (sorry, excuse) to walk the SP down.
that the YD 33,914,729 shares from the YD earn out buy out RNS are being admitted today at 24p that the price has been driven down by the MMs to that level?
extract from the RNS:
Application will be made for admission of the 33,914,729 new Ordinary Shares to trading on AIM ("Admission") and it is expected that Admission will take place and that trading will commence on AIM at 8.00 a.m. on or around 29 October 2019. The deferred consideration shares represent 2.94% of the enlarged share capital of the Company.
Choosing this level (whilst there is a logic in the RNS itself - although that itself is suboptimal from a shareholder perspective as it is based on a SP that is already artificially low rather than nearer fair value) seems to have afforded an opportunity to drag this down again in my view. If they had chosen 27p and they would have needed fewer shares as well.
Hi Bella6532. No. A tender will often be a legal offer which is accepted by the business/organisation issuing the tender and therefore in this context is most likely to indicate the latest date by which BMN can accept the tenderer's bid. The start of work could be a short period after this once quality and project plans have been finalised.
I guess it depends on how many surprises Vanchem provides in terms of unforeseen issues and investment to get all the kilns operational as to how much of our cash in the bank we need to use. More I look at this though the better deal it is.