Whats wrong with those? BARC will drop below £1 in the recession and i sold all of my shares. Some of the money went into BMN. PANR i never got into. BLVN has been a dog for many years. I'm sure most invested would agree. I still hold BLVN and looking for a TO post drilling results. My BMN post was valid...i dont mind holding shares through a recession if they will come out fine the other side. Warren Buffett has proven it is possible.
is almost joining the junk of AIM club now sadly. Please be sensible people. If a deal that valued IMM at £1+ was likely this would be trading many multiples higher. It simply will not happen! 50p would be a massively positive result for a takeover. I'm confident some sort of deal will happen but on terms significantly worse than most investors expect. However, if the BOD continue to feed no news to the market about progress the share price will continue sliding.
I'd like to think BMN would survive a global recession and not go bankrupt hence im still holding. However, if BMN is likely to go bankrupt or require 1000% dilution in a recession please let me know and I will definitely sell out today. As for selling out and being in cash its a great position to be in rather than being invested and watching your portfolio half. A recession will come along at some point but hopefully BMN is sitting at £1 by then so we can all de-risk.
still concerned a global recession would wipe out demand for steel and hence tank the price of Vanadium. I can see BMN going back below 10p in this scenario but i do hope this does not come to pass. I have a good sized holding and have no intention of adding more to it so i'm not trying to de-ramp. In 2008/9 recession there was a YOY steel output drop of 25% in one month at the worst point so something that could destroy the current strong demand for vanadium.
Happens when we hit a major global recession which will happen soon. Steel demand plunges so vanadium demand also drops big time? I’m hoping VRFB demand covers the loss from steel demand otherwise vanadium prices could drop short term until VRFB really take on and drives prices much higher than today’s levels. Anyone have opinions on this scenario?
Allows you to hold a few million and it’s guranteed fully by the UK government. that’s where i keep the bull of my cash instead of opening many accounts. BMN btw is starting to annoy me with persistent declines. I hope Fortune never uses the word imminent again
A CEO says imminent news and it doesn’t arrive within 2 weeks the share price starts going down on AIM so this is to be expected. We won’t see 25p+ without news. Buy more if you want or just hold on for the future. My attention has turned to other AIM stocks capable of short term large gains and I’ll reinvest the profits into BMN I think at these share price levels!
Anyone know what is required for BMN to move into the FTSE 350 eventually? Is there a market cap limit or other regulation. Can not wait for it leave the AIM scrapheap as it doesn’t belong there.
I have been a holder for a few months and this morning wished I had bought some more at yesterday’s closing price. My wish has been answered and just doubled my holding at 23.5p. This is almost like have insider knowledge as I literally got in at the before RNS price after the RNS hit.
looked at my crystal ball and the weather is meant to be fantastic in early august so lets delay the 30p party until then. Hope Fortune doesnt mess that up by releasing a major RNS sooner but we can do an indoor party if its raining.
19p!!!! I guess AIM was created to let undervalued companies become more undervalued. My general AIM rule is to identify what a company should be worth. Divide that by 3 and buy if the share price is below that. For me i think BMN is worth 90p at the moment so ill be buying up to 30p. News will hopefully reduce the 'AIM discount rate' over the year and i am hoping my 50p year end target will be achieved.
A property end of June and if the price remains this low I’ll be able to increase my shareholding 5 fold but I’m not going to put all my eggs in one basket so I’d love the price to remain here so I can at least double my holding. Unfortunately I doubt we will be under 25p come end of June but let’s see.
Being driven down so when we buy Sojitz out they get cash and more BMN shares as they are worth less. Fortune needs to put Sojitz on the back burner until the share price is over 30p to avoid another heavy diluting effect for shareholders.
Below 30p....starting to think with so many calling for £1+ why it’s still stuck here. Maybe 40-45p is the best we will get even with a cheap takeover but that suits me just fine.
Don’t think there will be any progress past 25p without an RNS on one of the many major news points we are awaiting. It’s not a bad thing though but the market won’t just keep rising on the hope of the news. I can see a slow drift down to 20p but I won’t be selling any shares and hopefully we get news ASAP so the 30p party can go ahead.
Also true. Sometimes i wonder if i should sell my BLVN and blow the money on a fast car in case i get killed by a meteor strike. Quite unlikely as you say but if the odds swing i might do it.