RE: Pump and dump28 Dec 2019 09:34
Vaneck have a lot to answer for.
Their recent influence says a great deal about how AIM completely fails to work for the majority of investors, of all sizes. In reality, a huge number of people - from those new arrivals with 30000 shares to those longer term cornerstone investors with 30,000,000 - all who are holding because they believe in the demonstrable success and vision of BMN, are entirely beholden to the ghoulish transactions and subsequently exaggerated SP moves caused by one organisation - Vaneck and whoever else is involved - in their recent round of embarrassing flagellation of their own investors and insistence upon buying high and selling low.
There is an entirely disproportionate representation of the actual success of BMN, the years achievements, the breadth of belief and positivity, and the actions of the majority of shareholders, in the share price.
It's all well and good blaming the V price, but in reality if the Vanadium price is so clearly acknowledged negatively, then material progress should be too, positively. Clearly this is not the case at present.
Vanchem for example has delivered a 30% increase in production. Yet we are 30% down since it's announcement.
I look forward to this year being one where the business actually gets recognised for its achievements rather than relentlessly penalised for the target it has on its back because of its remarkable success.