Invinity Energy Systems Takeover Rumours (IES)

But cash is king and they keep running out. Also I don’t think they have ever sold a truly commercial profitable unsubsidised battery project. Nearly everything to date has some form of subsidy and still loss making. Mistral was the great hope but SG have imploded so who knows how that will turn out. Additionally they have said any strategic investment would likely be at the prevailing share price. Only a takeover will change things here IMHO

"The Company remains extremely encouraged by the level of interest shown and resources being deployed by potential strategic partners into the due-diligence process " One might do extensive due diligence if it was considering a takeover as an option...

Monkey picked IES as his stock for 2023 and how did that work out. He’s definitely trying hard to get $$$ investment into IES. As said previously, a takeover is very possible here but after 10 years and massive losses I threw the towel in a few weeks ago. Just don’t trust management and that is number one rule of investing