The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Back in the 60’s. Still cheap and I am sure some much larger companies will be having a good look at this mkt cap. We cannot have green without this type of product and the amount needed is a lot more than the amount spent by ika. Judging by the steady buying others see real value too
to these in the 40's and think this is still a good price. Everyone needs batteries and this is as cheap as it has been for a good while. The delays are a pain of course but that is why it has more than halved.
Octopus Investments Limited. Yet another investment company offloads? Another one bites the dust? No
£2.70twice in a year !
I mean, lots of companies with huge market caps operate at a loss for years and years. I suppose it depends on what you define as "meaningful revenue", but i don't know how you can predict the future with Ilika one way or the other. Could come out with a massive order tomorrow and everything would change.
As is, tiny market cap and loads of room for growth. We've seen 270p twice in the last few years.
Technical bounce.No ?
Company been able to supply porotypes from their Southampton pilot line for years? No ? Still no firm orders since there have been no RNS's? No?
Can't see any meaningful revenue for years and years.
The last question in this interview Greame discusses his thoughts on the competition https://www.linkedin.com/feed/update/urn:li:activity:6953253434720436224/
Just listened to the presentation and im my opinion Graeme Purdy totally dodged the question regarding the length of time to FDA approvals.
Ilika is a long term investment and like most tech shares is currently being hammered by the bear market. However as we move out of the bear market in 2023 that coincides with the first orders for Stereax which has massive potential and these shares should rapidly turn around. Still not sure on Goliath as feels late to the game and as you say feels like a money drain. Personally I would focus on Stereax.
Not sure if this company has a great future, maybe it does but for now it seems like a money pit.
Someone just needs to ask the question at the next meeting how many years does FDA approval take, has the application even started yet and how/who has to apply for it, Ilika or OEM's ?
I don't think shareholders are going to like the answer.
Buzz
For someone that hates this share you do seem to post an awful lot here.
A very cheap buy from here.
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Based on what since they have no profits and minimal revenue and minimal sales ?
A very cheap buy from here.
My buy order gets filled today.
Go ILKA least Solid State is the way forward.
well, proved wrong so far! guess it's going to take some contract news to prove that there was a justification for building the factory in the first place!
production testing concluded. just waiting for confirmation of first contract. obviously depends on what is said but it won't take much to see this over 100 and so can see small rises continuing in anticipation of that news.
after that, then it's looking for the signs that this deserves to be back over 150 and the anticipation of further contract wins from those invited companies to see the factory production facilities.
69p is damned cheap, considering how much a share can rise just in anticipation, especially seeing its highs last year.
And just how much cash are Comau putting towards this project???
Is that a big fat zero I hear??? lol
Just landed a confirmation of a confirmation od a sucessful study of scale up woth Comau on Goliath batteries. Its on the Comau feed as well as Ilikas
https://twitter.com/comaugroup/status/1529398912729202690
https://twitter.com/hashtag/solidstatebattery?src=hashtag_click
Comau is an automation company of some size parented by Chrysler Fiat . So that looks like very sensible partner to be developing alongside and helps reduce one of my concerns on how to get a root to market if Goliath Solid state can be massed produce with the claimed high output / short charge time benefit versus normal batteries
sure, but at current burn rates they'll be thru it in not so many months, no?
Hi jollyspeculator
Ika did raise over £20m last July & still have more than that available according to last RNS.
People will have to judge for themselves if that will be enough to get us over the line.
For me, I'm still topping up.