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Yay, broker raises target from the price it is currently at to the price it has been and should still have been at if not for SNAM exiting and irrational moves caused by all sorts of games.

I'm so excited.

Sarcasm aside, it might, however, be the trigger for the technical breakout that is bubbling but probably not

Yep Jacobjohn, surprised others haven't or at least not commented - the froth could have been a solid re-rate if it hadn't been for SNAM exiting. Already been a couple of fakeout attempts on it, there'll be another soon.

Zoom out 6 months - clear up-trend and there is a triangle forming - there will be a technical breakout soon - just saying

Sooner if some news drops

Linde just posted about the installation of the 2MW PEM to decarbonise the semi-conductor factory

No cherubs here breakofdawn, just succubi and incubi who can't help themselves but respond to it. I'm looking forward to Chronos announcement to stimulate more interest than is already being shown on a regular basis.

It is fascinating AIM behaviour Casshy, you may well get back in but equally if a sizable FID comes in or Hydropulse starts to get some orders, then there is now a coiled spring in the share price - for a lucky trader, timing is everything for a patient investor time in is everything.

This board does not like symbols in post.

Positions from sub 50p coming good and some some from over £1 I will hold for considerable time - not re-typing everything.

Roming, I can't see what you are replying to, but judging by the response and title I can guess and so I assume there is a continuation of propagating the Sunk Cost Fallacy - it is irrelevant what the share price was in 2021, all that matters to an investor new or old, today, is whether or not ITM is a good investment with sound future prospects. If one thinks not and is invested, sell up and leave, mind the door on the way out, if one thinks the prospects are good, then hold or add.

Everyone's threshold for what is a good or bad prospect is different as is each one's investment horizon. I have positions in the money as it were from

Bluetigeruk - Market makers naked shorting in a rising market does not boost liquidity if it isn't there (it is just an illusion) but does suppress price rises - in my book a bad thing not a good one. In a falling market the lack of liquidity can be and is used to crash the price like a stone. So the market maker argument is a load of hogwash

Wow - that was a speedy deletion of post

Good find @SatellitePro - article seems pretty confident the 300MW APAC is Malaysia with some comments about ITM's presence there - where do you think it has sourced that information as I've not been aware of that detail before?

Tennents no need to grovel to me and definitely not twice! easy mistake to make but as cureboy says, just more to buy to get out. And that Uniper FEED is getting closer to FID every day

Erm - not that it matters to me but I still see them as 0.74?

Potential breakout in play - just saying I pointed to the technicals yesterday before the market opened...

It would be nice if they could Ian - it really is the most pointless RNS every month.

If people are not confident with a 1 GW pipeline, 145MW contract backlog, increasing revenue, £200+M in bank, improving regulatory landscape - then to be honest, I can't help them and nor will a Director share purchase.

Hi breakofdawn, yep I agree with you. Lots of good reasons to invest in ITM highlighted in the update. MTucker's response is encouraging and we can anticipate that other professionals are taking interest. Technicals show RSI moving to indicate buying appetite, MACD has turned bullish again and there's a clear up-trend. Now that the speculative trader noise is out the way, I'm anticipating some steady sustained rises over the next few weeks. If any announcements of new contracts arrive that might create some more short-term spikes and dips but the up-trend should remain.

@Aldebaran - it did bounce off but there is a clear upward trend re-established so it will more likely have another go at breaking it next week as the results sink in across the wider market rather than the hysteria of short-term traders over the last few days. Expect to see more strategic interest over the coming weeks as found by Vamosbien, from funds and other II, the results were strong showing clear progress over the last 12/24 months turnaround. Uniper FEED is half-way through process so can anticipate the FID before year-end and likely sooner, that almost doubles the order backlog - there's the 300MW APAC deal to conclude, a chance at 2/4 HAR1 not yet confirmed as selected and HAR2 where ITM are already provider to the bidders previously, Germany ramping up with the Act and the impact of REDIII, DeutschBahn and Hydropulse - no chance of 25p but likely trend upwards to the 80s over the next few weeks.

It depends whose shift it is to have custody of the account

One might Rob-F but I'm going for Vengaboys - Up and Down

Are you bmel on ADVFN? Your Qube badly timed short comment is word for word...