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Weak resistance in high 7's for me but that could go this week and then, like you say , 12p area.
OS thanks for this new insight
'Still I had a good time winding you guys up because lets face it you bite so easily'
I'm so glad to hear that you've just been having a bit of fun with us, with your constant de ramping, whilst you've been waiting to cash in on the inevitable rise....and there's me thinking you were a bit of tool!
lol
Great update and looking forward to neat year and the new manufacturing income and hopefully legal matters resolved too. Good to see new faces here too, representing increasing interest /shareholders on board.
Yes I think redjester sums it up well. I took a bit of profit out at 22p too but have left most of it to run. I think the recent drops are people doing the same to trade other opportunities. Depends on your timescale, investment style and your other portfolio situations. Personaly i'm happy at this level and not expecting huge movements either way before the next results. More contact news could arrive anytime tho...
Yes up at 197 earlier...
Cheers Alfa, the most relevant bit about LI/vrfb price comparison from the BMN thread is this :-
"And if all that weren't enough, here's what #IES had to say about their "comparable kilowatt hour cost...vanadium vs lithium."
(44mins 20s)
"what we always focus on is the levelised cost, the cost of delivering a kilowatt hour to customers, over time."
Now here's the best bit. . ."on those measures, today, we are about 30% lower than lithium."
I imagine that the current 30% reduction is relevant averaged over the whole lifetime of the machine (25 yr is it). So it works out cheaper per KWh but the initial cost migfht be higher...which was the gist of my point about it being about economics. The comments about the warranty issue is intriuging since i believed the machines to be pretty reliable, although obv they don't have 25yrs worth of data yet.
Good work Jim. Could do with a lucrative exit, been here too long!
I suspect the Li/vrfb question is down to economics, it usually is with the short sightedness that always seems to prevail. Little concern of Li fires, disposal problems shorter lifespan and the rest. Whilst that happens vrfb doesn't get the investment
I think the VRFB tech is largely been overlooked (untill recently) because for a long time it's been cheaper to burn hydrocarbons (emit C02) to generate power. It's cheap only if you don't consider the effects of C02. The acknowledgment of this flawed approach has finally driven investment in renewables and now energy storage leading to an econmical combined approach to power delivery.
i don't recall a takeover (that i had shares in) where the SP has been over the offer price so consistently since the bid first came in. So that would imply a high confidence in a better offer. Anyone got any ideas where that might come from?
Yes he's certainly been immensely supportive of MIRA over many years and it's hard to imagine that he doesn't want his $ back at some point. Whilst the market neglects the potential here i reckon you're right and another company will buy him out...
Be nice if the SP reflected that a bit more and that MIRA are slowly building a solid product with global media companies.
Large increase in volume in the last month or so and a big jump up today on just 5K volume. I'd buy more but got quite enough already!
Yes interesting that hardly any Virolens potential upside seems to be priced atm.
'There remains a wide range of possible outcomes but Virolens® is proceeding through regulatory approvals and devices have been shipped to initial launch customers for operational trials in a number of different jurisdictions. '
They appear to have viable machine but the lack of action here suggests most people think the operational trials will be a failure. Interesting to see how this pans out....
Thanks for the courteous response. My point is that, difficult tho it is, I have to think this will rise else logicaly, i have to sell irrespective of the loss. I find adhering to that the most difficult thing with shares. Hope does replace rational thought (as coping mechanism possibly!) . People are postive here because they would sell otherwise (assuming they are long on CPX)
Yes thanks, thought it must be soon due to recent share price movements. Not that i'm saying there's insider trading or owt! ;)
Keep up the good info janebolacha...not talking to yourself!
https://www.theguardian.com/business/2020/nov/03/private-jet-bookings-soar-as-wealthy-flee-second-england-lockdown