Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
@bilbo,
Charlie posted this earlier, they say "As the UK’s only domestic electrolyser manufacturer, we look forward to building a strong and sustainable UK supply chain to enable the wider UK economy to benefit from government support for green hydrogen."
Https://www.linkedin.com/posts/itm-power_major-boost-for-hydrogen-as-uk-unlocks-new-activity-7141004875999412224-FdEm?utm_source=share&utm_medium=member_ios
Voleon Capital Management has gone over 0.5% so short tracker now shows it.
Helikon still sitting at 2.68%, I thought maybe they would have gone down when the sp was at 49p, but looks like they holding steady.
Hey 15lives,
I don't feel someone has to be invested in order to comment at all.
I asked constructivenews(The irony of this handle, posting the messages are currently being posted in ITM) as for the last 10 or so days the comments have consistently been about how ITM is rubbish and sometimes the posts have come across as you said **** stirring.
I personally don't care what people post or lament or big up but I just wondered this morning if invested, so exercised my right to ask and they kindly replied.
Gone again
We are still investigating an issue. Currently only FTSE 100, FTSE 250 and IOB securities are available for trading.
We are undertaking immediate analysis and will provide further updates through our live service portal: https://liveservice.lseg.com
When the short tracker broke a week to two weeks ago, ITM has then had the number 3 on ITM shorts positions for a few days now. Which leads me to think that something is not 100% working.
What I have been trying to understand are the shorts really still at 3.8%? Short tracker won't track under 0.5%. I find it hard to believe at these prices that the shorts have not closed out fully or close to it. But it still shows as 3.8% to go.
I am hoping we get an RNS saying FID is signed off. This was mentioned in one of the RNS's a few months back, that FID might be signed off this year.
Yesterday at 17:45 - someone either bought or sold (Cannot tell at the trade is black colour) 899,670 shares @ 56.086 for £504.59k.
Shorts have not updated and still sitting at 3.81% after the sp dropped I thought the shorts would be dropping but nothing yet.
Also in one of the RNS or trading announcements there was a line about waiting on FID for a client. I wonder if this is the Australia business with BP.
I looked on ITM short positions and on short tracker and the shorting has not moved from 3.81% yet, which is surprising as I really thought they would clean up when it was 56p and we would see the shorts closing out.
Berenberg cuts ITM Power price target to 80 (90) pence - 'hold'
This came out and the price started to dip. I gather some people just throw in the towel. Until we get an RNS that shows sales or money generation we will stagnate or stay at these levels matching cash in bank. (My own opinion)
Not sure if people saw this on LinkedIn, there was no RNS it had opened that I saw.
https://www.linkedin.com/feed/update/activity:7122918458366799872/