Member Info for chilting

Davho
That may well be true in the longer term but it takes a while for any producer to increase supply.

I think that the market is heading for a short term supply shortage, probably similar to the one that occurred in 2008, this will lead to a spike in the price of Brent.

Looking back to 2008 it was a whole series of small supply shocks that pushed up Brent to around $140, similar, for example, to the Suez Canal being blocked and disrupting the supply chain.

Yes, exactly Thordon - as they come and go, we will see more volatility.

I am rapidly loosing any respect I had for the Germans - now they are pausing routine use of the AZ vaccine for UNDER 60's, because of the danger of rare blood clots - you simply couldn't make it up!!!

I am rapidly loosing any respect I had for the Germans - now they are pausing use of the AZ vaccine for UNDER 60's, because of the danger of rare blood clots - you simply couldn't make it up!!!

With all the progress with the company, I wonder if we are now going to see another phase with the SP.

It could be that ITX will become much more heavily traded, today could have been a precursor of that, and we will see much more volatility rather than days with just a handful of trades.

100% correct - excellent analysis from Lemming Investors.

The price drop is simply due to profit taking, nothing more, nothing less.

Hopefully, the positive vibe will dominate tomorrow and we will see a surge of buying after the traders take their profits and depart today.

Retired Banker
Is it not the case that the original market cap at the IPO in 2012 of £53 million is largely irreverent - simply because Revolymer as a company doesn't exist.

The relevant valuation has to be the the £4.9 million paid for Itaconix in June 2016 plus any assets that remained from Revolmer - a quick scan of their 2015 results tells me that there wasn't much left after the 4 years from the IPO.

So basically June 2016 was year zero and all the growth has come since then with the market cap of ITX now grown to £27 million.

The SP seems to be finding a new level around 155p - hopefully the next step will be 160p.

This on Covid from the BBC.
"President Emmanuel Macron of France and Germany's chancellor Angela Merkel say Covid has posed the biggest challenge since World War Two"
Sorry I cannot resist saying - well they would have lost the bloody war then!

Yes that's the point with OCDO, it is a long term hold - we see the shorts and traders failing here in equal measure.

Its not rocket science simply keep buying on the dips and hold for a bloody long time.

Its just the traders moving on - I guess it could have been one trader who was responsible for those large after hours buys last week - good profit for them - spot a winner, pump it a bit then sell out on results day.
Don't worry about the fluctuations - long term trend is up and up and up!

Absolutely 156% outstanding!!!

The joy of owning growth shares is that no one has the faintest idea what the SP will be in 6 months time - it all depends on the news flow.

"Despite the small size of the market for hydrogen fuel cell-powered vehicles, the Chinese government has voiced support for this sector's growth. According to China's New Energy Vehicle Industry Development Plan (2021-2035), the government will support the commercialization of fuel cell vehicles in areas with favourable conditions."

I think we can read into that, when a roll out of infrastructure is viable - so what could be more viable than City Centre buses - the refueling points simply need to be at the main bus depots - a great test for the technology under very harsh stop start conditions..

Finally moving north under her own steam.

He's over at MRW at the moment Kraken after he got badly burnt at Ocado, if you want to entice him back???
He is certainly good for any companies SP.

I guess they may have another look at MKS later in the summer - hopefully by there will be more clarity and MKS will get an upgrade.

Careful Kraken, lse2000 is still around, he was spouting off his usual trite garbage on the Ocado board a few weeks ago.

Excellent upgrade from UBS.

UBS RAISES WHITBREAD PRICE TARGET TO 3,900 (3,550) PENCE - 'BUY'

BERENBERG RAISES CERES POWER PRICE TARGET TO 1,560 (1,540) PENCE - 'BUY'