Was my hope for getting the SP on an upward trajectory but a first half profit of $6 million and positive aspects of further growth and profit for the full year sends the SP down. I have been invested here for many years and no good news has any impact on the SP, i am not just under water i am drowning.
Have risen today with the biggest increase in Nitride a product similar to Nitrovan which is one of Bushveld’s products to America. In the news page it also states that “Chinese vanadium nitride market sees reducing out put” if they are not making enough nitride for they steel industry i wonder where they can get additional supplies, will this reduction in out put push up prices globally??
On LSE it shows 1.9m sells to 350,000 buys in normal times the SP would drop like a stone into the red, is resilience being shown because the quarterly report due soon will show good growth And profit?