It was good to get the AlkaMem update last week even though it was slightly disappointing in that it's clearly not ready for commercial use without some further tweaks. The lack of news on EV charger progress is not so good though and is becoming a real worry for me. With each passing day the SP is being dragged down due to the news vacuum on EV chargers. I feel AB must let the market know what's going on ASAP as to stay silent will force people to conclude that things are are not going to plan, reduce value further and inflict more pain for LTHs. Come on AB let's see if you're capable of getting the SP back into the 30 s at least and keeping it there with confirmation that there genuinely is interest in the EV chargers. If there isn't and you've been exaggerating, you should resign.
RE: Great News, ignore the trolls!23 Jun 2020 18:51
Having read the RNS and watched the rise today on the back of it I feel much more positive. I've been quick to criticise AB et al for a lack of communication but I think today's news on AlkaMem progress was commendable so credit where it's due. I like the sound of the new recruits with expertise in PEM fuel cell engineering coming on board too. AFC are clearly confident that AlkaMem will be a success. Hopefully the SP keeps moving north now as we await an EV charger update. Well done AB.
I wonder if AB and his team are still feeling buoyant. If so maybe they could give some of it to the SP to help it back up as it appears to have sprung a leak.
Very succinctly put athansius. I certainly hope it's the former but with each passing day my fears that he's doing the latter are becoming more intense. I feel such a fool for buying more at recent highs. Should've known it was not sustainable as it's always like this i.e. gains for a few days and then back down again. I guess I've only myself to blame for believing AB's most recent utterances.
Risky, that's how I feel about him at the moment. How many on here feel confident that we are going to sell EV chargers anytime soon? AB has been telling us that they're just on the cusp of doing this since February but then proceeds not to confirm any sales. Why build up expectations if you can't satisfy them so for me he must know that this approach will frustrate and cause anxiety to shareholders. It certainly has me.
Nothing again. AB must know this news vacuum on EV charger progress is hurting the SP but he doesn't seem to care. If there are MOUs, let's hear about them or is he happy for to see shareholder wealth eroded further. He's certainly living up to his untrustworthy reputation at the moment. This is not negative spin just how I feel with this constant disappointment.
Agreed, indisputably a buy for once. That's cheered me up and gives a wee bit of confidence as someone, hopefully a well informed someone, feels confident.
Yes indeed. I sold ITM as it never seemed to sustain rises but boy did it prove me wrong. I keep hoping furlournly so far that AFC will follow ITM into the £1000000000 league. I guess theoretically it could happen but we'll need to see the promised action delivered PDQ!
Maybe it's a general down day chippyjo so hopefully better fortunes tomorrow. I just wish we could go up with ITM as well though. There must be something positive to release to thwart the shorters and change the price trend. Come on AB, earn your money.
This drip drip downwards is complete pants! Beginning to wish I'd not bought back in again. It's always the same old here and it seems no-one can be held accountable for for the grim SP performance and lack of promises fulfilled.
I really hope AB is not lying about the potential for imminent sales Bananaman but I guess some are starting to think this due to the clear lack of delivery. He must be aware of the dissatisfaction SHs have with his empty rhetoric and so one would think he'd try to address this in some way. If things are progressing as well as he implied in his proactive interview then surely there must be something positive that could be divulged to steady the ship and get some confidence back.
Athanasius, I bow to your superior understanding of such matters but I've backed AFC and have become a shareholder and the BOD have a responsibility to do their best to increase SH value and keep them informed of future potential in as open a way as possible is my understanding.