Profitable by 2026, £200 million+ in cash with a huge pipeline.12 May 2025 13:13
They will become a takeover target by the Shell's BPs, Linde's of this world. The question is when and at what price. With the cash in the bank they have the luxury of being able to turn down offers and remaining independent for the foreseeable during which time new deals, government support, Ii investment should boost the share price. Also shorts will need to exit.
Institutional investors ploughed in £250 million at £4 per share. They will want a return. Buy or hold and have patience.