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Is going on with this stock? Infrastructure is there, electric vehicles are selling more and more but this has stagnated poorly?
Interesting development , https://pod-point.com/electric-car-news/mccarthy-stone-partnership .
Stoodie
.... will continue to use it until they realise it's now costing!
Surprised myself of no mention of charging points being compulsory in UK new builds since June just past. Not actually sure what that means, whether it simply means wiring must be provided for and capped off (rather than an actual home charging installation). I would have thought it was an important growth market.
Even so, with windfall taxes on the like of BP & Shell which can be mitigated by green initiatives I can't help but think Podpoint is the Betamax to the big boys VHS. I may exit here with a loss, simply because I can't really see there is much point in staying,
I'm surprised that they have not mentioned that they are now charging 28p /kw which did use to be free. Most EV owners have the app because it was free electric will probably continue to use it.
£50m cash by end 2023. Congrats to those who got out in the mid seventies. Never did understand the reason for the rise from 50p.
Some brilliant gains recently. Shame I had nothing to buy in at the lowest price!
I think a scramble for the company will ensue. Looking at 100% gain in a matter of weeks - the ball is IN PLAY
In what sense?
Something up here....
i'd like to think so trendz. Been a tough 6 months to say the least
Highest weekly volume last week - wouldn’t be surprised to see a big position being built
Seems to have started to build some slight momentum
Shell or BP - then EDF would have to counter. EDF could buy PODP
No reason for Shell to buy PodPoint, or for EDF to let it go to their major competitor.
Shell
By whom? EDF have already taken a majority stake less than two years ago?
Not saying I have knowledge of a takeover but this is a sitting duck and IMO will be taken out in next 3-6 months
Absolute bulls**t, why bother posting?
inbound
While the "initial flurry the positive RNSs have dried up" nut we did have a half decent interview on Sky News with Ian King this very morning!! Nice bit of exposure !!
No rush TRutherford, I am increasingly convinced that we've all got caught here good and proper. With BP and Shell in the game because of incentives to minimise windfall taxes I think this minnow is pretty doomed. Interesting that after an initial flurry the positive RNSs have dried up. The business model is being questioned by the market as reflected in the SP that is now a less than a quarter of the IPO price.
I work for a motor manufacturer that endorses podpoint. Therefore, I know that the EV market is only getting bigger and bigger with a few new fully electric models out next year. So that side of the market is going in the right direction. I will load up as soon as I can also
Corrections:
June 22 I meant
Remove the full-stop (period) from the link
Once those 1.1m & 650k trades cleared, the bid jumped smartly back to 50p. Liz Truss's pro fracking, anti-solar farm stance did not help. I don't expect to see any real movement until after the budget statement in November. For every seller there is a buyer so someone happy to pick up a fair chunk at 48p and with the market cap of £77m well below the cash position of £82m as of June 2021 I can only agree with you TR that the price is being deliberately held down. Worth re-looking at the blog on the PODP website which gives some updates on what's going on - https://pod-point.com/electric-car-news/recharging-in-nature-with-bmw-uk.