An early drop this am, but that has recovered with more blues than reds so far, this is often how R&D companies get swallowed up by the big boys after a big price crash. Come, on let's all blow :-)
Investor?? Could be someone from H2 like Linde, who have a little skin in the market or AIr Products with their claim of achieving a certain target of green hydrogen by.... Or a generator/distributor, one of the German utilities could afford it. I hope it is not another player in the same pond, that would be a joining together of two companies without a cash flow. Then of course the percentage... 100% would be sad as a 40% premium on 23pence would sting a bit.
there were a lot of positives in that RNS, nothing has changed with the company, fantastic tech, referenced performance, sales , ok they could come quicker but they will with the truly massive market potential... and it looks like it's getting a strategic investor, which can only reinforce ITM as a company... I said it was a steal at 30p, (on other board) this must be the golden chance to pick up shares on the bargain basement level before it rockets with strategic investor news. Exciting times imho
Still the critical element "Corporate Development · Advanced discussions with a potential strategic industry investor " means...............................................................?
ah no, it looks like the graph dropped after 4:30pm Just S&&t result, surely expected, so the board should have warned us. If I knew it without seeing the figures, then they knew it! Resignations of yet another FD will not help though.
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