norbus
Interesting blocks of 200000 shares after hours |
"We are delighted to announce that TRIDENT, our industry-leading PEM electrolyser stack platform, has been successfully registered in Australia.
Australia was the last key territory to unlock. We are now able to deliver our stack, the heart of all our products, unchanged into every relevant part of the world." |
If you click on this google maps link they have a pretty big factory / warehouse of some sort.. |
Very appropriate header - Tells you all you need to know about ITM. |
Oh and ZEUS say: The ongoing strategic resetting of the business should put ITM in an improved position to take advantage of the increasing global interest in hydrogen, and to capture market share as demand for related equipment develops, on the back of supportive government policy and private sector investment. We anticipate further progress on the new strategy, manufacturing delivery and build-out, new orders, new partnerships with global names, and an eventual significant uptick in revenue growth. We have a Buy recommendation and 72p target price. |
Thank the global shorting consortiums for that. |
We probably need to break 40p before we can say trend broken....
Looking at the trades the big DUMP happened just before Christmas....
So now that is out of the way, theoretically we might see the longs start to come out..
Touchwood... |
!FOLLOWFEED |
Melton John: That was my reasoning but I am very new to this stock and it is quite amazing it is so low considering the cash pile so something must have driven down to below cost price (eg they are giving away the shares free - the CURRENT assets are worth more than the share price). |
They aren't going to run out of money, far from it. Barnes talks nonsense just to talk down the price. I very much doubt that he is in fact short. Shorters, like longs, buy low and sell high except in reverse order. What downside is there at this price to justify the cost of borrowing stock and the risk of a rapid increase in price to cover the short. |
I was looking for the reason in Siemens Energy fall this morning - this (obviously) has wider implications :- |
barnes4: Why will they run out of money before they make a profit?
How does that work?
Can you explain the reasoning?
I am interested (Not pulling your leg)..
At the current burn rate they have 5 years worth of cash....
Lets assume that slowly decreases so they last 6 years..
Surely they expect profits before 6 years time?
Thanks |
Are well saying this is a NETNET company...
It has an absolutely MASSIVE CASH balance....
It has little or no debt...
and makes power from hydrogen....
What is the catch????
What am I missing??? |
I make this company a NETNET
Is that right...
Eg if you deduct all the liabilities against CURRENT assets (cash etc) then the
amount that is left over is GREATER than the market cap (share price)...
In other words if it went bust the shareholder would get more money than the
current price.... |
Moon
We will soon know |
https://www.linkedin.com/posts/itm-power_energy-greentech-innovation-activity-7289607082771628032-G36c?utm_source=share&utm_medium=member_android |
You could argue Trump doesn't like renewables, that's all you've got. The company is doing well. |
Moon you could argue a cup and handle formation |
Is it worth buying at these levels or is it still miles too dodgy? |
https://www.linkedin.com/posts/hydrogen-insight_opinion-donald-trumps-bold-new-vision-activity-7289566574682800128-H7V4?utm_source=share&utm_medium=member_android |
Saying nothing else now |
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