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The Joke valuation that is Bushveld Minerals

By Tom Winnifrith, The Sheriff of AIM | Wednesday 22 March 2017


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


I explained some time ago why I thought that the management of Bushveld Minerals (BMN) had treated retail investors with clear contempt and why that made the stock uninvestable. In the short term this can go anywhere, in the long run shares in companies run by scumbags usually head south. I wake up and find that the shares are now 7p and so - with a lot of "assistance" from a great broker we can note.


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