Myles has been in BMN before on the original journey. I doubt he needed BBN's write up, as good as it is, given he knows BMN inside out and has shared in the past that he also knows Fortune.
It'd be a brave man to be selling now hoping to buy in more cheaply.
For ref: the smaller trades such as those made on freetrade are at a premium to the standard ask, usually around a tenth of a penny. The ask hasn't come down since then, it is just those trades give the illusion of people paying more. It's been that way for months now. Just an FYI so people understand it.
Moments like this are when our resident swingers club have to show their hand because they need a retrace. Keys in the bowl and pick a deramp.
The thing people need to learn is not to give them the time of day when they are being positive too.
Disingenuousness seems to be more contagious that CV19 in the UK at present.
14p shares and a paltry Mcap for a company that is demonstrably sat at the heart of both the SA mining industry and SA's energy transition beggars belief.
The gap between AIM's patently ridiculous valuation and reality of what BMN relentlessly achieve is becoming a chasm. It's actually getting quite embarrassing how ineffectual and degrading AIM is for BMN. You simply can't reconcile a company making continuous and majestic progress whilst its share price retreats month by month. It is a sign that something in this market is dark and very broken. Especially when juxtaposed against some of the paper-thin stories multi-bagging lately.
We are literally streets ahead of the company that we were in 2018. The list of achievements backed up with really consistent financials since then is insane.
Ignore the numerous swing traders spouting nonsense like we need BE news or $40 V prices to rerate. That does a huge disservice to what the company has built. High V prices are not even what this company wants anymore. VRFB needs steady pricing and that is what we have.
What people should be focusing on is simply getting recognition for what has been achieved since 2018. That alone should see us surpass 2018 highs. And yes we should be above 50p. Right now.
I have 100% faith in Bushveld and 0% faith in AIM.
Everyone has watched Drifter talk down the company and now he has bought a few shares he is making sure everyone knows 20p (or more likely just below that) is his own target price,whilst carefully positioning the point that sentiment is apparently woeful to make sure people are a bit nervous ahead of any rise. And this ladies and gentleman is what Pdub is referring to regarding the state of the board and the perversely loud volume of those with a few shares to trade.
The actual reality is that most holders with more than a few hundred K shares - IE the people that actually own the company with millions of shares are sitting tight knowing the valuation of this company way exceeds 20p.
The cherry on top of that nonsense post is the suggestion that apparently, according to Drifter, FM has no need to deliver shareholder value now. What an absolute load of cobblers. I am fairly sure Jose Borromeo, YD and FM himself are looking for more than 20p from their investment. I wonder what Mikhail would reckon to a BE valuation that is therefore just a few pennies on that logic.
I can barely believe what is written here sometimes. It's complete fiction.
Spot on Gambit. If people can't see the world is gearing up to invest in renewables and battery storage like never before and in a way that will completely change the dynamics of energy use across the world, forever, and beyond that, how BMN are positioned in all of this, then more fool them tbh.
Alltorque, your post is barely worth responding to however seen as you keep name-checking, I will politely state that you are incorrect. I am happy with my BMN investment and the multitude of opportunities it has presented from when I invested at 2p, to those available right now and those that lie ahead. Please do not try and put words in my mouth because you are simply way off the mark and you have absolutely no idea how I have managed my investment during that time period.
As with others, I agree that much of this sentiment bashing nonsense is what serious investors should be treating as disingenuous.
Alltorque, it isn't disingenuous. It's a turn of phrase common in the investment world related to choosing to invest in other shares. At no point am I undermining the potential of a company to develop an antigen test for C19 or help with chemo,having had cancer myself. Grow up.
I haven't been posting recently but I did want to point out that there has still been no mention here of the epic news of the G20 committing to focus renewables investments on battery storage. The entire G20...
Or the Australian Reserve Bank saying Australia needs a drive on renewables to rebuild and evolve their economy.
And let's not forget the Chinese announcing another Dalian sized battery, the Saudi's launching a 3gw VRFB factory next year and the UK committing to support a big drive on renewables as part of our economic recovery, which given the 40 additional projects lined up to come off the back of the Oxford Superhub project, provides another 40 reasons to be positive.
There is a large tranche of retail investors who are always more likely to sell out of frustration at low points to chase perceived rainbows elsewhere. Meanwhile other investors will be simply buying up their shares, understanding the bigger picture here.
One man's tragedy is another's opportunity.
Back to Twitter.
I have already wished you well but I wanted to also mention that this for me epitomises why this manipluation is so wrong. You deserve to see Bushveld allowed to shine as it should. It is absolutely disgusting that someone so correct in their support and belief also has to watch this absolute garbage of a market manipulate this share instead of allowing you to benefit from what should be the true results of that investment and research. Its sickening and it is unfair.
I wish you well. My family have had numerous cancer battles to face lately as some know. My sympathies could not be greater for you.
Two idiots being idiots to each other...
This is the exact reason why everyone you refer to doesn't bother posting on this shower atm. You can be 100% sure they are as involved as ever. Just not here.
Good luck with all the trolling guys, it has been priceless watching you deramp then have to turn positive yourselves because no one is here to help you.
You have shot yourselves in the foot and you don't even realise it.
The irony of today's discussions is that as much as people are insistent that sentiment is being affected, the guys who really own the majority of shares in Bushveld, the Jose Borromeo's and the YD's probably aren't losing their minds because Fortune isn't RNS'ing when people on LSE want him to. LSE is such a bum steer of the actual reality of the sentiment of those supporting the company.
Daisy, have a look at Domino's as an example.
Here's a partial extract of an article.
'Investors who bought Domino’s on AIM and have stuck with the business have been suitably rewarded, with cash aplenty returned in the form of dividends and the group continuing on its growth trajectory. Last year, pre-tax profits grew by 28 per cent to £29.9 million and the total dividend was upped more than 30 per cent to 7.8p. Based on estimates for 2010, pointing to profits of £33.5 million, earnings of 15p and a 9.1p dividend, Domino’s trades on a prospective p/e of around 23 times, a justifiable rating given growth rates.'
Justifiable given growth rates....
So what growth rate should a company driving one of the fastest moving sectors around be given.