It's one of the scenarios. A likely one. Buy maybe tied to something positive, either that or they're de listing going for Germany or United States. In which case you will get what you wished for. |
Moon
Why do you think they are going to do a fundraise ? |
Welcome to the 30s. Fund raises are never loved by markets and might be discounted. Unless there's a good reason for it or a debt facility the market and punters will shy away |
Some interesting stuff on lse. I think that my votes goes to something linked with Germany, either the transfer to the German exchange or a factory joint funded by German government and the new brokers to guide a fundraiser... Question is I don't know the answer to the costs involved and transferal of current shares detriment or a positive? If a factory then it will dilute but in a good way and would be accompanied with a big purchase order from deutchland.gov and the grants would be a boost. I think Graham will get his with in some form, the uk government has shafted itm and hydrogen and missed the chance they deserve to lose companies Like itm, but they are destroying our country in doing so. I'm not holding, it's scares me to death, it can't be a fundraise without a reason to swallow it. |
From Berenberg on LinkedIn
We are delighted to announce that we have been appointed Joint Corporate Broker and Nominated Adviser to ITM Power plc, a leading designer and manufacturer of PEM (proton-exchange membrane) electrolyser technology for the production of green hydrogen.
This information is a marketing communication directed at professional clients. Berenberg is authorised by BaFin in Germany and subject to limited regulation by the UK Financial Conduct Authority, firm reference number 959302. All investment banking services involve risk. |
But your not invested so don't panic |
What an absolute shambles this has become and all they can do is announce a change of nomad and an additional broker
= waste of money |
Corporate action. Repositioning to get EU bounty. |
They know how to psychologically damage the shareholders give a glimpse of optimism of it turning then rip it away at the end.. |
How many consecutive days has this dropped
Always starts well and ends red
In the management we trust!!!! |
Let the second home brigade dig deep. |
Cornwalls got enough rich bstards already... |
Yes they took RR to 70. Genius |
A large part of problem here is aim being like the unregulated wild west |
I guess the change of broker can only help the share price but not sure if it will have all that much influence.
Perhaps Investec lost key personnel.
Interesting decision made 3 months before the new CFO comes on board. |
Does anyone remember during the Brexit negotiations Barney kept going on about level playing fields and illegal state subsidies?
Typical EU hypocrites. |
Thanks for the Cleveland link Graham, "Cliffs also is the largest manufacturer of iron ore pellets in North America." That's the answer I was looking for. Interesting that Linde supplied the hydrogen. |
What do you mean Moon |
Looks like 30s today for first time in half a decade.As skinny said, This is doubt for the market. They could have explained the reasoning |
Barney
Fight is just starting mate. Round 1 just began. |
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