Member Info for Pondering

Promising.

By way of distraction, here is some of my learning over the weekend. I guess experts will already know lots about the geology of the Bushveld igneous intrusion. I was wondering what was life was on the planet at the time when it was produced about 2 billion years ago. The Great Oxidation Event (GOE) occurred about 2.0-2.1 billion years ago. Prior to the GOE, most existing lifeforms were anaerobic organisms. Oxygen produced by photosynthesis from e.g. cyanobacteria in the sea began to accumulate in the atmosphere from around 2.4 billion years ago, subsequently leading to extinction of many of the anaerobic organisms. Multicellular organisms began to appear around 1.7 billion years ago. The earliest complex land plants developed around 850 million years ago, and vertebrates about 525 million years ago. So, at the time when all of the molten goodies extruded upwards, there were probably just a load a single-celled organisms bobbing around like soup in the sea.

I think the buys not executing is the MMs. I have had it happen also. I think they want you to give in and go for an instant trade at a higher price. Ask your broker where the problem lies.

(Also, no possibility of me selling. Waiting for a transfer to buy more - hurry up!)

So, I was fairly close (10.08 prediction, 10.14 reality). 500K. Followed by another 3 x £100K 11.13-11.19. Probably another big one set up. Real or otherwise.

I'm no expert, but does there come a point when if there were such actions by MMs it would cross a line (e.g. legally)?

Need to see what appears. Feels like it will be a >500K sell in the background today. We will know soon enough. It is not the MMs imho - they are doing what they do i.e.reduce the price to generate more buys when they are being given cheap shares to sell.

Usually about 10.08 by the time filled. Then he plays golf, goes for lunch, sets up another for about 1.30pm. Then at the end of the day, balances the rest of the buys with another 250K. On the positive, gives time for a little ISA transfer and another buy. Spent some the weekend upskilling on vanadium chemistry and the geology of the Bushveld area. All good.

I suppose they just did a test sell and forgot to press cancel. Big seller just matching like-for-like at the end. Anyway, best to all for the weekend.

Yes, changes too small to comment. The red light is being applied, but it will go amber and green eventually. A few interesting sells today where a small sell (few hundred) was followed after 5-6 mins by a big one at a lower sell price. Not sure what the reason or motivation is for those.

I have accepted this. You will see another big buy from me made in the last 30 mins or so appear. Very impressed with the commitment and knowledge of people on the board. I will now try to up skill up more - to try to make this a hobby as well as hopefully a nice long-term nest-egg.

I’m not convinced they are going to run out anytime soon. Could only perhaps otherwise be stopped if the BMN team have reasonable suspicion of the source, any leverage over that source, and view in their interests to apply the leverage. Otherwise, some really big volume buys to see what their limit is.

Being drawn as if by a magnet to 0.45p for a while. I suspect despite good efforts to diffuse, the US faff has made some more likely for to take small profits when they would otherwise have held. A concrete money-spinner deal in the bag would of course see this rocket again, so hold or buy in at this level still both entirely valid.

Well, at least plenty of buys again now that is is back to just above 6p.

Yep irritating. Back to comments on the placing price earlier this morning - I doubt there would be many sells today if the placing price had been 7-8p! Nothing sensible to do but hold for the rest of us.

Also positive. I guess some placing shares still being sold at quick 30% profit (placing should shave been at a higher price!). Whenever cleared out, expecting a rise again.

I assume another 500k sell to appear soon. If the seller is reading this - why not let the SP rise to 30p, then start gradually selling again? ;) Just a thought.

I think seller has read this board and broken their sells into smaller tranches e.g. multiple 50,000s around 1pm. Anyway, I’m going to stop watching as it is up to them when they stop. I will buy more at a certain downward threshold. Not sure about the very small transactions.

*hope

It’s fairly obvious that there is a seller. The clues are the 250,000+ share sells that have been dropping most days, sometimes several times. There is not enough demand at present to consistently outstrip the seller. It is ‘only’ taking about 750,000 sells to keep the price suppressed. Not necessarily a conspiracy, but it comes to an end soon.