Member Info for cornishpixie

I've not had a problem buying today. Question is will it keep going up today?

Yup, I've been invested in IES (and AFC, Ceres) for a while.
The bit in quotes on my last post was from the Gore website, not my words.

Yes, that statement stood out like a sore thumb. However, elsewhere on their site they do expand, much as Krusty says:
"Although the projects comprising the Seed Portfolio utilise lithium-ion batteries and much of the pipeline of investments identified by the Company are also expected to utilise lithium-ion batteries, the Company is generally agnostic about which technology it utilises in its energy storage projects. The Company does not presently see any energy storage technology which is a viable alternative to lithium-ion batteries. However, there are a number of technologies which are being researched which if successfully commercialised, could prove over time more favourable and the Company will closely monitor such developing technologies."

Energy storage is likely to be an important part of the shift to renewables, so long term this seems promising. I agree, in the short term, the increase in market cap makes it hard to see where the dividend is going to come from other than investors capital.