Roubles stole presidency for Trump ???;))) |
This is going to get to zero |
Yep I sure am
Am going in again today |
Agree...someone selling.
boris cobaka20 Nov '24 - 12:12 - 33840 of 33847
0 0 0
For the share price to behave in such a fashion usually is an indication that a major holder or holders are exiting or reducing exposure. |
Barney 😂😂😂 |
Cooley is no longer a director or major shareholder so doesn’t need to notify. |
Could we see a tr1 from cooley or a n other selling... at some point |
Graham please do another trade |
I am closing my Zopa account 4.5 percent a year makes no sense when I get 6% in a day here regularly |
Unfortunately for holders it appears it will make it into the 20's Which is what the shorting crew were saying at a pound. Sounded incredibly far fetched but hats off they called the sector and the markets reaction to it. Obviously things may get released by itm to turn it, but the market currently destroying itm. Perhaps only bad for short term investors and the long termers can average it out... if they have a bottomless pit |
For the share price to behave in such a fashion usually is an indication that a major holder or holders are exiting or reducing exposure. We could expect to see the selling pick up a notch prior to completion. Tis gettin a bit oversold but don't think its over just yet.
edit: price back to where it was in Aug 2019. What a rollercoaster. |
Talking of which there will be 2 main sources of electricity generation over the next 5 to 10 years. Namely renewables and gas. Gas will eventually have to be replaced or at the very least scaled down if the UK wants to meet its net zero targets. Introducing Hydrogen into the mix will significantly reduce gas consumption eventually replacing it completely. |
There is plenty of talk about destroying beautiful English countryside building pylons to bring electricity from the northern wind farms.
ITM could do a joint venture to supply electrolysers to the owners and ship the H2 to the gas power generators in the south.
The partners could share the profits and set an example to other large companies such as BP, Shell etc.
They could even have a word with Stammer and persuade him to invest in this instead of the mad scheme to bury carbon under the sea.
How does that create wealth? Surely, it is more sensible to invest in stopping carbon from being produced in the first place rather than trying to process all the new lot that blows in from France every day. Another unwanted destructive import from them.
Then again, bliar thought we could just live off the finance industry and let so many of our wealth-creating industries be taken overseas so we could buy back the goods 'carbon-free.' Maybe Stammer just copies him for stupidity. |
Well put Nicebut |
In the last 3 weeks ITM BoDs have bought shares with their own money....Sold first Neptune V and tidied up their Iridium usage...So to say they've not done anything is slightly disingenuous.....If folk are selling based on their convictions then nothing is going to stop the drop until it stops and buyers return to out weigh the selling.
IMO nothing has changed in the last few months- Clearly ITM are out of favour but that could quickly change....Green IS happening. FWIW I reckon ITM are over sold. But who cares what I think? Certainly not the market.. |
Perhaps they don’t feel the need to do anything. As the saying goes action speaks louder than words.
Even looking at the end of 2025 results forecast they would still have cash of £160 million and minimum of £70 million in materials and electrolysers completed.
Total of £230 million not including plant and machinery.
So as far as they are concerned no need to issue a pointless announcement. |
When are the outfit going to do something?
As this is awful for holders |
The outfit doesn’t do anything to defend itself |
All too easy |
Yesterday I told you when I did it |
Morning Barney
You increased your short yet |
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