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I received an e-mail today:
Dear Pal
We would like to wish Mr and Mrs Pdub all the best on their Wedding Day. We hope the sun shines brightly for them, grateful if you could pass on our best wishes.
brgmg69, NVHLTD, Capa+50
@gambitxjs: I try not to get too excited about rises in multiples of a Co's SP otherwise I would be on the vallium here. What I am waiting for is news from the Company, some of which is already in the public domain that due to poor PR many are not aware of. If they were only to let their shareholders know what is happening a little more proactively we would not be the target of this abuse. GLA Pal #VAR
@Daisydog: I can't argue mark ups as I have no idea but surely your quoted 10% is the supplier's cut (BE). They have to buy the electrolyte so what would BMN's cut be on our share of the contract?
Every so often over the period that I have been a holder of this stock there are discussions regarding the reasons for the SP to be outside of expectations. There follows widely differing views on why from it is just supply and demand to there is a big seller to Market Manipulation. It is not only on this share either.
The LSE board becomes a bit of a frenzy, countless new members appear and disappear in sometimes just a single post usually of very poor quality or abusive. Long term supporters vigorously defend their positions which is understandable and their right.
On the market we see incredible bouts of high value trading well outside of the norm. Trading which appears to defy the rules of supply and demand and which results in unusual or no SP movements. People far more attuned to these actions than I offer extremely detailed, fact filled theories for the actions. This results in opposing views which mostly have no facts very little depth and are often very abusive or accusatory.
Occasionally a genuine holder writes to the FCA requesting that they pay attention to trading practises. That person often receives support from LTH and often more abuse from a few. However what happens next?
1 The infestation of one day members dies out.
2 The very strange, large trades that have no effect on the SP suddenly stop.
3 Daily volume drops dramatically
On the first account do the visitors withdraw or do LSE stop them? In November 2019 one such member claimed that LSE “Admin know exactly whom I am, hence I am still here” (their words). Can we believe that LSE allow them to post to maintain page hits?
Do their leaders tell them to stop posting or are they really little children who are told by mummy to stop? I know which I believe it to be.
On the second account Do the FCA just call a few trading houses and inform them that they are looking into certain trading patterns on a share after a private investor has issued a complaint? Forcing some MM’s to explain that a couple of errors were made by a new trader and promise it won’t happen again. Or does a floor leader tell them to close it down for a while?
Whatever is the truth it is all very frustrating to the average investor, who would like to think that they have found a Company worth supporting for financial gain to discover that there is no level playing field on AIM.
I believe that I have chosen wisely and committed funds carefully into Bushveld Minerals and will wait for the BoD to lead the Company into a secure future for many of us.
Still following the shipments and updating the records when deliveries are reported but not contributing to this board as often as I used to. GLA, Pal
@Delboys: An example of our previous discussions on deliveries, Just printed is a delivery of 10,000Kg of V2O5 for Duferco Steel. This is expected in Houston on the 21st of August but has been relesed by Customs on the container's arrival in New York. This is logged in the records to be displayed later https://thebushveldperspective.com/blog/public-articles-1/post/nitrovan-shipments-to-the-us-183