Thanks. Would be lovely to see a sustained rise today. I still think the general market conditions will weigh heavy - not saying 5hey should but I fear they will. |
Dropped just before.All good and those not in desperate to keep it down |
Oh dear another shorter still open 🤪 |
We have decent sector news in us on top |
37p on auction I'm watching |
That is a most positive prediction - I suspect it will open fairly flat - the general economic doom will hold it back. |
Extended auction |
Sphere
Someone still got their short open 😂😂128514; |
Going to open around 37 |
What an idiotic pile of drivel. |
I can see the news article that says each of those costs £4.35m so I'm sat here as an outsider thinking "Is this finally the beginning of something at ITM?". But even I can see the chart and form a view of the story here.
All the market is doing here is pricing in a placing when the cash is eventually eaten into. The market doesn't believe that ITM will deliver....except....
This announcement peeks the curiosity. I mean ITM only did £15.2m in the first half as per the update earlier this month. Looking at the figures, you can't sit there and say "Oh we are better than expected in terms of monstrous losses or cash burn", not in this market.
You have to deliver and this is delivery. They also say: Customer interest continues to exceed our expectations" so that does imply more to come.
So keep on delivering and it might have a chance to give the Bears a game. So I'm watching for a short term trade and curious to see if the market really buys into this at some point, if the contracts keep coming.
The volume will balloon if the market actually believes there will be follow through. Right now, there is no follow through, but let's see.
Show us the delivery!
All imo DYOR |
Doubt we will see Barney @ Co now |
U.S well up as well, going to be a painful day for our bragging shorters. Maybe painful enough for them to think twice about such practice. All barney's short closures alone will take us above 50p. he will be having a bad breakfast time. |
Those Neptune's are absolute game change there. The negative and shorters are going to be well burnt on exit. Now realisation that they were wrong has dawned on their negative brains. Merry Christmas all holders, and here's to fantastic 2025 for itm. It's finally happening, and such a Christmas present price, will make short work of 50p. And not look back imho |
Just a reminder :-
Best-in-class 5MW Plug & Play electrolyser for mid-size projects
Designed against the highest safety and quality standards, and building on the learnings from our operational electrolysers around the world, NEPTUNE V is our brand-new full scope 5MW containerised electrolyser plant, engineered to outperform.
EUR 4,995,000* | GBP 4,350,000*
* prices are based on ITM's Standard T&Cs |
ITM Power is pleased to announce that we have signed a contract to supply three NEPTUNE V units, totalling 15 MW, to a family-owned private German company.
Launched in May this year, NEPTUNE V is ideally suited for mid-sized projects. It utilises ITM's leading and proven TRIDENT stack technology. NEPTUNE V is our full-scope 5MW containerised electrolyser plant. It provides reliable, flexible, and highly efficient hydrogen production capacity and the industry's smallest footprint per MW.
The NEPTUNE V units will be deployed into three individual projects, with the first delivery expected in the first half of calendar 2026. The electrolysers will provide green hydrogen to refuelling stations in Germany.
Dennis Schulz, CEO, said: "We are establishing ourselves as the go-to partner for down-to-earth industrial companies and family businesses, for whom it matters that their plants work reliably, safely and efficiently. We are pleased to have signed yet another NEPTUNE V contract in just a few weeks. Customer interest continues to exceed our expectations". |
ITM Power PLC Contract for three NEPTUNE VSweet. Dennis is letting us unwrap prezzies. |
As I posted elsewhere - Possibly options expiration or book squaring. |
The large UT happens every 3 month's |
And Itm share is growing. |
You think it's final sector short closure, it's reached the depths of weakness and the market seems to be gaining fid traction.. |
Kinda represents their manipulation of the markets. Needs to be outlawed fast in my view. |
UK Top of the class.. |
Shorts have dropped off a cliff.
Date Short Interest Days to Cover 2024-11-29 179,900 30.35 2024-10-15 1,044,011 48.61 2024-09-30 2,591,443 202.71 2024-07-15 2,526,854 108.53 2024-06-28 2,509,320 70.52 2024-06-14 2,505,382 280.72 2024-05-31 2,534,208 206.98 2024-05-15 2,538,690 217.22 2024-04-30 2,556,411 625.19 2024-04-15 2,518,041 138.56 2024-03-28 2,521,589 127.30 2024-03-15 2,541,113 86.31 2024-02-29 2,523,445 147.55 2024-02-15 2,483,798 181.05 2024-01-31 1,741,614 75.41 2024-01-12 3,261,280 209.20 2023-12-29 3,157,347 108.29 |
Moon
Interesting about the large UT.
Exactly the same on CWR and AFC. |