The main activity of Biofuels is the large scale production and exploitation of biodiesel and glycerine following the construction and commissioning of the initial plant.

Biodiesel is produced from vegetable oils and, as an environmentally friendly product, can make a significant contribution towards reducing green house gases and meeting Kyoto targets.



RNS's from BFC can be viewed at:

http://www.uk-wire.com/cgi-bin/index?search_type=3&words=bfc&go.x=17&go.y=8

http://www.biofuelscorp.com/

tried to do that when they were up at 18 about a month ago!
are you short of anything else PT?

Nope Cynic, mainly FX at the moment. Keeping a close eye on SOLA though ;)

snap .... have no position there at all at the moment

You guys need a DMA CFd account by the sound of it. ;-)))

i do, but you still need someone who is prepared to lend stock

Al

Same as Cynic, 'unborrowable' through IG CFDs. Should have got in a lot earlier :(

PT .... you would have had to take a position about 6 weeks ago ..... confess i chickened out eventually and did not maximise my profit

Not so cynic. With DMA you stick it in the order book or simply take out however many you need to sell on the buy side.

I use GNI

enlighten me ..... what is DMA other than daily moving average? ...... have you tried and succeeded with BFC?

Al

Tried exactly just that this morning through the order book - no joy. Seems GNI have access to BFC stock whereas IG do not.

DMA = Direct Market Access (through the order book)

Direct Market Access. You stick your own orders through the book. BFC is an AMSM stock which, like SETSmm, allows you to be your own MM. You buy on the bid and sell on the offer sides.

I'd suggest you check it out. ;-))

cynic / pth

GNI CFD info

Al

Probably the only difference between GNI and IG as far as BFC is concerned is the former's ability to offer a shorting opportunity today or recently. Out of interest did you try and take out a short today?

pth - not tried today, but had a buy order sitting for some time earlier. No problem.

Update - couldn't put sell order directly into book. Am not going to hit bid in attempt to short as won't throw money away! ;-))

PS - that's a new one on me. Can't short with direct access. Hmmm.

Even a sell order on the Bid first thing this morning would have reaped a nice return, bit pissed off I couldn't trade.
Makes you wonder how this is going to unravel with all the stock apparently out on loan?

I'm long at this juncture and have an order to close a little further up the book. ;-)

going long is always going to be easy ...... try it with SEO and you'll get your arm ripped off ... lol!

Closed for a penny whilst shopping so around 10% intraday will work for me. ;-))

AL .... have checked with GNI ..... they use excatly the same systems as IG and if one wants to short, they too have to find a lender of stock .... in this particular case, i don't think there have been any lenmders for the last 4/6 weeks