Member Info for marc001

Hxulcolrdoh is actually correct here (or almost anyway). I've run the numbers myself based on new and old market cap before and after the dilution to where we are now and sadly this is true.

Here's the reality - we topped out at 48p in Nov 2019 with the lower amount of shares in issue. Fast forward to today, to achieve the same market cap where we topped out we'd be hitting 26p. And that was with very high V prices and no overhead resistance on the SP (whereas today we have trapped buyers between 20p and 48p looking for their exit).

Sad to say, but if your average is above 20p, I think the writing is on the wall here.

GG - I highly recommend against borrowing to buy shares. There is a fine line between investing and gambling and it sounds like you have crossed it.

Consider this - if the SP dropped 50% from here or went to zero, then what? Absolutely crazy to use an overdraft/ debt to average down IMO.

A lower average might ‘feel’ better in the short term, but if the SP turns against you…

Gains in the stock market are made in months and years, avoid short term gambles IMO, often they end in losses.

So, we have the institutions on board, are funded for the next 2 years and if the dollar keeps its downtrend V prices might be on the rebound now.

What does everyone think are realistic price targets for the future if V goes on a run and given the recent dilution…I’m hoping 15-20p might be possible, but could it go higher even with the additional shares?

I know plenty would be happy for us to get to 6p, but honestly that’s the minimum I’d expect.

HMHG - what’s more funny is the fact you think you know more than the II’s do. News for you - you don’t!

HMHG - I guess all those II's in at 3p we're wrong then weren't they...

To be honest I favour the odds of the SP going higher than lower in the mid term and anyone that doesn't is going against the smart money here.

Each to his own, rest assured you'll always be a bear when it comes to this stock.

10am today is when the AGM is being held sure, but the outcome wont be notified immediately.

You see, the problem with this one is there’s a lot of retail investors entering the trade here at or just under placing price. And they all likely have the same idea ‘I’ll buy here and wait until it x2 or 3 bags and get out.’

It’s a crowded trade. IMO A retail trap, and a good one indeed.

You dont make make money following the herd, so I’ll happily bet against it here by not entering a trade at this point and taking a punt we see lower. Worth a punt at capitulation lower, assuming He1 can continue as a going concern into next year.

I don’t predict the future, but it pays to think about how the other side of the trade are likely to play it instead of going: ‘ooh this Is cheap, must hit Green button now to get rich quick’.

I’ve got an idea of how I think this will

Play out, assuming best case scenario. Let’s put it this way, I’m not buying… yet.

Either that or they are getting their money back and PI’s foot the risk for the next drill in Jan. Either way, if the placees are selling, it ain’t bullish folks.

Maybe the placees flog their shares off to retail here and then buy back cheaper later…If you don’t think we can go lower then you don’t understand AIM…

I've logged onto Signal shares to register there in an attempt to vote via this platform, however it requires me to enter an 'Investor Code', where would I find that?

Sorry if it's a daft question, but how do shareholders vote? I'm with 'Iweb' (Halifax share dealing service), do I contact them to vote?

Wow, absolute shambles…

Love to hear what positivity that ‘SmartMoney’ bloke has to say lol 😂

Honestly it’s barely worth replying to them - they are there to try and get PI’s to act on emotion and sell so that II’s can mop up. 💯 worthless, 💯 can be ignored.

@ Faramog and V1per: Dont beat yourselves up, you could not have foreseen how things would turn out. It's a lesson for us all to not invest based on narratives and 'jam tomorrow'. At least we dont have that bs with Craig - it's all straight talking and no fluff or pie in the sky stuff with him, so at least we are on the right path now.

Faramog - Honest question for you - do you regret your investment in BMN? That's the impression I get from some of your posts on here.

@ Trojan - yep, checked Russell 2k - US small caps liked the dovish fed and move lower in the DXY. All bodes well for AIM market IMO, but let’s see what the BOE have to say next.

Worth considering that the presentation today was scheduled for the same day as the December Fed interest rate decision, with the BOE one tomorrow. I’d imagine there’s an element of wanting to wait until these two rate meetings conclude before wading in again here, but just my two pence.

I'd imagine they would only sell if they had to or if they were pessimistic for the prospects of the business. The premium placing take-up tell's me that II's are bullish on the future prospects for Bushveld.