BMN newbie (avg share cost 28.53p)3 Oct 2018 19:36
Hello everyone, I'm a new AIM investor and began looking at BMN a couple of weeks ago after finding this BB, which is both positive and refreshing. The wealth of knowledge and information that you share is incredible, so thank you all.
I followed the 'DYOR' advice, reading and watching everything I could find on Bushveld Minerals. I'd never heard of Vanadium before let alone VRFBs but as Peter Kay once said about garlic bread, energy storage is the future. Fortune Mojapelo and Mikhail Nikomarov's vision for Bushveld Energy combined with growth potential and LTHs belief in BMN is what swayed me to invest.
The average share cost of my holding is 28.53p. My buys were in blocks of 29p and 29.42p on the back of the H1 results, then topped up again yesterday at 27.59p and 27.65p. I admit I feel peaky seeing my new investment move swiftly into the red but remind myself I was happy to get in at under 30p last week.
I was flummoxed as to why the share price was dropping based on all the good news and Vanadium values. However, being new to AIM I have since learned on this BB about MMs games and shorting shenanigans. The Bushveld Perspective's Trading Analysis updates have been a godsend in calming my nerves and irritation (thank you @Alfacomp). I'm all in with this share for the long term and hope to be a member of the £1 party. GLA :)