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http://www.dailymail.co.uk/sciencetech/article-2548576/The-vending-machine-CARS-China-rolls-electric-vehicle-scheme-combat-smog-costs-2-hour.html

Are the future. http://www.ft.com/cms/s/0/5ede33ce-89ac-11e3-abc4-00144feab7de.html#axzz2uH7C0KZ6

Couple of odd trades last thing.

6.60 being taken up by some bigger buys now. getting ready for results no doubt.

Full ask paid might see a good rise here prior to interims.

Seems to have found its range now. Steady buying from now on. Should start to creep back up to the eighties.

http://share-knowledge.org.uk/2014/02/16/helphire-begins-to-motor/

Quite a few sales vacancies required, suggests they are growing the business. http://jobs.helphire.co.uk/vacancies.aspx

180,000 less now

to get in before the weekend by the look of it, wonder why? Red dot on Monday perhaps. Call from Apple or Nokia.

at last buyers coming in thick and fast now

lol i know not sure whether to believe them or not seen so many recently and nothing happens.

1 trade

2 over the ask.

It was obvious from their accounts that they needed a fresh fundraising, but the story is so strong, it also seemed clear to me that they would have no trouble raising the cash - in fact I said exactly that to their FD when visiting the company a few weeks ago, to have a look round their research facility - which looks very much like something from a Bond villain's lair - huge machines behind security doors, with shiny metal pipes coming out in all directions, humming & whirring, with white lab coated scientists supervising everything. I was expecting a fundraising at about 50p, but they've successfully got it away with a Placing at an impressive 60p, for 4,854,903 new shares, raising £2.9m before expenses. There is also a second announcement today about the exercise of Warrants - there were a considerable amount (about 11m) in issue with a strike price of 51p. Numis have brokered a deal whereby the Warrants were exercised, and then some were Placed with other investors, at 59.7p. This has both largely removed the overhang from Warrants, and raised more cash for the company. In total Ilika has raised £6.75m before expenses. So it's a success for Numis and the company, and sorts out their cash requirements for the next couple of years at least. The company has cash burn of around £200k per month, so this is ample for the time being. There are now 53.74m shares in issue, so this figure will need to be used manually until financial websites have correctly updated for the enlarged share capital. I appreciate this is a Value and GARP orientated report, so talking about Blue Sky shares is not really part of that remit, although if Ilika delivers on its potential then it will certainly qualify as GARP. For the moment it's more speculative though.

Ilika is my current favourite Blue Sky share, being an innovative materials development company, which is a spin-off from Southampton University. I like management, who seem to have the right mix of technical expertise, and commercial focus. Incidentally, University spin-off companies are a very interesting investment area to look at currently - e.g. Actual Experience (LON:ACT) was a five-bagger on its first day of Listing a week ago! Even now at 219p it's at four times the IPO price of 54p. I tried to buy first thing when it Listed, as a friend had told me this was going to be a very exciting IPO, but sadly my order to buy at up to 72p wasn't filled. I was worried at the time that 72p might be pushing the boat out a little far, so imagine my incredulity when my broker rang to say I would have to pay almost 300p at the time to get any!! I politely declined. The market has a considerable appetite for credible Blue Sky stories, and something that is backed by years of academic research from a reputable University is likely to be a much better bet than something promoted by some spivs who are just talking a fancy story without any real substance - and heaven knows we've had enough of those on AIM over the last 15 years - with many of our portfolios having a smattering of holdings worth less than £100, and being members of the 99% club - i.e. the wreckage of previous hyped up nonsense that we were talked into buying in the last bull market! So it's important to keep a cool head when looking at Blue Sky stocks, and be sceptical. That said, in a bull market, other market participants will run with a convincing story, so if you find one and it's overlooked, and still cheap, then it can speculatively turn out to be lucrative. I try to lock in the cost price by selling half once it's doubled, as you can then happily run the balance for free. Although in practice all too often one actually gets carried away with the story, and buy more at the higher price! Going back to Ilika, they have two flagship technologies, the most exciting one of which is a world-first in having made a new material that allows solid state batteries to be stacked, thus making bigger batteries with very favourable characteristics - so a mobile phone battery that takes 10 minutes to fully recharge, can withstand thousands of charging cycles, and is half the size & has a longer life than existing ones, has understandably got investors excited. It's a few years away from commercial reality, with various engineering challenges remaining, but near enough to be on the horizon and interesting to investors. Ilika has also developed a new material for use in hydrogen fuel cells, that is 70% cheaper than the existing material used. Ilika is also noteworthy for the credibility of their multi-national partners - they are currently working for about eight household name major companies. It was obvious from their accounts that they needed a fresh fundraising, but the

Did anyone notice that today?

Today but not showning if it rises tomorrow mine was £2k at 6.651. Just in case it shows as a sell.

Going well well done for sticking it out

Looks like they are bringing this down despite more buys than sells, picking up shares on the cheap and trying to put off buyers. Corup bloody mm's yet again.