Does not take too many traitors to bring down the house |
Moon this is no excuse |
The irony of an example of rapid cash burn, and massive dilutions. And he comments on itm. Lol |
Ssssh norby got them now |
I think bones pumping polarean to dump it... has messed with his mind... |
3% falls day after day
Care to explain why?
Shambolic |
Bones, "They simply aren't making progress while their competitors are"
Care to expand?
Who would you say is making most progress in this space? |
It is dreadful from a long position simply dreadful
Shameful and shambles spring to mind
32p and falling 3% daily more than most banks pay in a whole year
Shambles !!’ |
Valuing it just above cash because they burn through plenty of it every year whilst not recieving orders or increasing the revenue . The cash they are wasting is far more than the current revenue which is the problem. They simply aren't making progress while their competitors are so the share price will continue to fall asleep the cash gets eaten away . It might look good from a cash position but from a business pov it looks rubbish tbh and hence why it's continuing to fall |
the shares are at 5 year lows
Price tells me all I need to know |
 I'd say the LCOH produced by ITM machines is still way higher than the currently available alternative fuels. ITM claims lowest cost of green hydrogen. The Benchmark.
Therefore we can presume, at this stage, that the hydrogen produced (if being used as a replacement fuel) is a cost for the customer, and no value is actually created there, yet.
... most investors get up and leave the room at this point ...
This is what makes the business plan tricky, a gamble even.
But we know this already. We are comfortable with such insanity, are we not?! Or are we deluded?
... only the psychopaths remain in the room ...
So, ITM currently create value by other means, for example, 'we can help keep the ESG cartel off your backs for a little longer if you switch to hydrogen'. Danger!
But, if a man has a gun to your head, pretty much everything that will cause you not to die is of enormous value - I am sure you would pay the price!
So, ITM Power need to do a really good job of showing WHY a customer would choose to pay this premium, and show how this business is sustainable - even when the current politics change - which they will.
We have discussed the benefits, and the value, here, qualitatively, for years!
Only the Company can present the true investment case, quantitatively.
If this value is not presented well then I see no reason for the value of the company to increase - why would it?
We are still sitting, waiting impatiently, listening. |
The only thing I have in common is my short in ITM
That’s it!! |
Hey Moon that bloke is just talking to himself |
Why don't you barneyrisk go and use Norbus as a forum you'll get much more of a party atmosphere over there. |
Let Barnes back Skinny his time is up and he and I could give you longs a few pointers as to why you should not be involved with this |
O how the might have fallen seem to be the trend in this sector. I seem too remember was near £7 not so long ago and now 33p, pleased I didn't buy at the top as lost enough on AFC. |
It's weird how barney floats out and another identical shorting turn floats in |
Moon I can assure you I am not Barnes so please cut it out!! |
MoontheLoon would appear you have a stalker (Boney) |
large buys right on queue, getting in before update ? follow the money, up today ? |
Register for streaming realtime charts, analysis tools, and prices.
Hot Features
Premium
