We would love to hear your thoughts about our site and services, please take our survey here.
So many kids in here, all rattling their toys and throwing their dummies out. I can't work out if it's hilarious or just plain sad. If you're that concerned by the daily moves of the SP and you're moaning on a BB trying to sow discontent then you're most likely trading it. If not, then just let the business get on with it. They are building a game changing platform that has already started to revolutionise the treatment of specific cancers - the potential is here is so big that I don't think many quite understand it - but it won't come over night. Patience.
Meanwhile, people are consumed by dissecting RNS's over and over again. Bore off. Shut the laptop and go and take a walk, it's not worth worrying about. News will arrive when it's ready. Is it s h it e that we're at 93.50 at the time of writing? Absolutely. We're worth 10 times that, but unless you need to sell right now then just let it go.
Whilst I appreciate not everyone has the same investment time frame as one another, I am pleased to say that my shares are tucked up in my SIPP, and I'm happy to let them stay there till the very likely outcome of a buy-out comes, whether that be in 1, 2, 3, 4 years time. Much to look forward to.
Hi Goldieloc13, no problem re the data. I don't know the answer to your first question so i'll need someone with a little more experience to step in and answer that one. As for the loan stock %, i'm pretty sure this figure could never get to 100%, companies such as Halifax Share Dealing, AJ Bell, HL etc. would not loan your shares for such purposes, they have actually confirmed this in writing when challenged by PI's, however, platforms such as Trading 212 who promote commission free trading can and do loan your shares to 3rd parties unless you request for them not to at the point of registration:
https://helpcentre.**************/hc/en-us/articles/360011023038-Share-Lending-on-Trading-212
@toatie: this has nothing to do with Avacta mate. You can probably thank the FCA for that one. Not that they'll give a **** even if people were to complain.
For anyone that's interested, the stock loan data for Avacta has shown a month on month increase since Oct-21. Hopefully the formatting of the table works out....
Avg no. on Loan Avg no. in CREST Percentage
Oct-21 7,787,020.14 246,536,918.47 3.15
Nov-21 7,860,365.63 246,546,452.54 3.18
Dec-21 8,855,806.52 246,608,665.30 3.59
Jan-22 12,175,302.26 246,835,680.05 4.93
Combine that with the open shorts and you can see why this SP has failed to go anywhere recently.
Source: https://my.euroclear.com/apps/en/monthly-stock-loan-data.html#month=eq:1&year=eq:2022&limit=2&search=1&order=asc:abbreviation
Ben - no one, not that I have seen, is doubting that Fortune can take the company forwards, far from it. Just look at what has happened this last four years and more. The work has been transformational. What is being challenged is the communications approach with investors and the wider market.
We live in a fast moving digital age. People want everything yesterday and seem to have little time to actually dig deep and explore the detail. BMN's quarterly updates can be between 3,000 and 4,000 words long which I'm sure you can agree is a lot of information and detail to sort through. Breaking the companies developments down in to bitesize chunks isn't (IMO) us being needy, it's us wanting BMN to be better understood by the masses.
BE updates? Seperate RNS. Electrolyte Plant updates? Seperate RNS. It's not difficult.
On one hand we have a very positive and refreshing change in attitude from BMN this last few days, really great to see. BBN getting retweeted by Fortune, BMN directly retweeting Tan Su and acknowledging his statement regards regular comms yet on the other we have Chika saying an update on the BE workstream is being wrapped up in a quarterly update?!?!?! Agggghhhh. It makes you want to bang your head against the wall. Let's just keep up the polite/professional email approach with them and hope that one day the penny drops.
If people want to jump on that gravy train and make a few quid then fair play to them, can't begrudge them that. As long as they go in the with their eyes wide open then it's up to them what they do with their money. No doubt some will get burnt along the way. There'll certainly be people on here who have jumped in to grab a few percent irrespective of the risks.
Realistically until Bushy unveils the grand master plan of an Eskom win or two and a JSE listing then we aren't going anywhere. No matter how much positive sentiment we as PI's throw at this it won't be enough, you need the City on board and right now we don't have that, that ball is firmly in Fortune's court IMO. Until then we'll continue to be a shorters, II and MM AIM plaything. Roll on the end of March and hopefully a turning of the tide.
I've been promoting BMN to all and sundry for nearly 4 years. Friends, family, work colleagues past and present - all onboard. It's now BMN's time to put themselves out there to the masses. Let's hope that starts with some Eskom contract and a main listing in the coming weeks.
Apologies if this is a stupid question but......where are the chinese getting all their electrolytes from for these whopping VRFB installations? I appreciate they're importing more V, but is it all being done 'in house' so to speak?
I feel your frustration Macanman. Much like every other politician out there who actually knows very little about the areas/industries they are in charge of. No doubt he'll also be involved with the setting of a ludicrously high strike price for their next reactor that will guarantee the £/MWh EDF will sell on the generated power and that ultimately we'll all have to foot the bill for.
I must say that although my time in investing has been short (Mar-17 initial BMN purchase) my first hand experience of II's has been pretty shi t e (not just in BMN either). For the first 11 months my portfolio stagnated before we hit our April 18 re-rate, then came Erongo. More often than not they're let in on the cheap and when they've decided it's time to go the tortuous drip-feed of sells weighs us down like an anchor. It makes you want to put your fist through the screen. It's a first hand lesson in patience and resolve that understandably not all PI's are up for. Whilst YD have certainly stood the test of time it's a shame to see them now offloading. It's with some hope that if we do ever make it off this sh i t show of a market they call AIM i'm hopeful for some better quality II's to come on board and do so at a fair price. Orion do have the makings of such a partner...here's hoping.