Member Info for IKFA

I cannot believe I am replying to this tripe but you seem to need to some form of training from your paymasters on how shorts work, or you are trying to deceive those who are unfamiliar with Hedge Funds and the way that they use "short selling" to make a profit.

Quote Rick "At the peak, they held over 20.4 million shares" - Short Sellers do not hold shares, they borrow them from institutions and brokers and sell them back into the market. So Helikon did not "OWN" 20.4m shares at their peak, they "OWED" 20.4 million shares....... massive difference.

They make a profit from buying back the borrowed shares from the market and returning them to the institution / broker. Profit is made ( or losses ) from the difference in the price which they sold the borrowed share, less the cost of buying it back. The reason that Helikon is now panicking is that they are sitting on a huge paper profit, they sold the shares which they borrowed at a high price when there was a significant appetite for the stock, but they now have to buy back 18 million shares so that they can realise this profit. The market does not have the same liquidity or churn of shares currently so any large purchase will naturally increase the price and reduce their precious profit.

Quote RickS "rest assured they have made more than enough to cover the buybacks." They have not made anything until they buy back the stock they have borrowed. It is like a shareholder saying " I have made 50% on my investment over the last 2 years".... you have made nothing until you either take a dividend or realise the gain / sell the stock.

Quote Rick S: "They have been carefully taking profits all the way down from the all-time high back in 2021, increasing and decreasing their position accordingly, and taking sizeable profits. At the peak, they held over 20.4 million shares."

So carefully taking profits, they have bought back 10% of the shares which they borrowed, considering the price has fallen so much they have not been very careful have they? They still have 90% of their borrowed shares to buy back, in a rising market with low volume says one thing.... panic and could even trigger ......

There is only 1 "Red Herring" on there RS, or maybe 2 with your tag team buddy and spreading mis information will get you called out. I have worked in Financial Services for nearly 20 years, coming across Boiler Rooms, Fake investment hawkers and all manners of "operators" across Asia which is like the wild west compared to Europe. Your intentions are absolutely clear to me and you need to be called out. Go back to your trainers, get some new log ins and try to be more professional about it.

Fact is, Helikon need to acquire about 18m shares now at a price that is lower than what they sold the borrowed shares from. They are aware of the effect on the share price if they try to do this in a low volume market and are bricking it.

Interesting that 4 buys of 100k shares, get noticed, when there are still 18 million which the shorts need to buy to cover their position. 18 million shares of a company which is currently trading around 1,500,000 per day.

They pulled a blinder borrowing so many shares and selling them at a time when ITM was getting such positive press and many wanted to jump on the bandwagon so the demand and the numbers allowed them to do it, but how do they get out of this position without sending the share price through the roof?

I am sure there are all sorts of tactics, including getting trainees to post on all manner of insignificant forums in order to create uncertainty and allow them to buy back those shares at the lowest prices possible. Are we starting to see it play out with 100k buys ? Hopefully not, these are investors who now see the long term prospects of the company and will hold those shares for some time.

The stakes are really high for them, imagine if they can get out with 18 million shares at 40p, it will only cost them £7.2m of the obscene amount which they have made already, but this clearly is not possible. What if they have to spend £1 to get 18m shares to buy then the costs suddenly become huge. Don't underestimate what they will do to protect profits would be my take on this.

As a regular viewer of this forum, and a holder of the shares for some years now, I question the motivation of some. Those who are so called "rampers" are clearly shareholders, who want to back and justify their decisions, and these people are clear about their intentions. The "other camp" seem unable to communicate their intention, I mean why spend so much time and effort researching and posting on something which you have zero vested interest in?

Thanks for the sensible answers. So basically all the talk of takeovers is another way of scaremongering / creating uncertainty or if I was being really cynical another tactic to scare long term shareholders.

Doesn’t a takeover depend on shareholders voting for the takeover? I can’t imagine many of the shareholders who came in at £4 which raised ( if my memory serves me > £200m ) being prepared to sell at current prices?

Surely a takeover can only happen if the buyer is able to convince enough shareholders to sell?

Excuse my ignorance but how could 16.5m shares sell around 36p ( when recent demand at that price has been around 1m shares per day) unless there were 16.5m shares available to buy at that price? Which large holder in their right mind would sell at that price knowing:

> Germany has just announced huge commitment to Hydrogen.

> Directors have just announced large purchases above 40p.

> The company is currently valued around cash with no consideration of the world leading tech and production facility.

> We are days away from next company report which will update on orders.

As a long term investor I guess it is "wait and see over next days" but it just doesn't add up to me.

Surely there wasn’t 16.5m sell orders say in the range 35-45p ….. they must have paid significantly more to buy so many shares?

Regards share buy back Dibs61, you make a good point. To add some perspective, to buy back 25-26m shares they would have to buy every share bought, every day for 5 weeks based on recent trading figures. I am starting to wonder if they have dug into something quite hard to extract themselves from.

It would be interesting to understand what the shorters are now waiting for, from memory they came in around 241p so on how many shares ( 26m - 4.2% of 617m shares give or take ) that is a hell of a profit already.

The company is now valued under cash in the bank, so why risk the profit which they could cash in by holding onto those shorts?

They have shaken the tree so much over recent months that long term holders have used the opportunity to add to their holdings, while admittedly some seem to have given up altogether.

IMHO, assuming my numbers are correct 26m shares are a lot to buy back on a stock that most days trades less than 1m shares ( again if I understand correctly)

From this position they have more to lose than they have to gain, they just need to work out how to cash in their chips.

Just added more, bargain price which I won’t be selling to the s*****r/s when they come begging.

How much was raised at 400p last fund raise? How much does Linde own?

Chance of a takeover under 400p very very unlikely aka scaremongering

Surely if they were closing share positions ( buying BACK the shares which they borrowed and sold in order to drive price down) then this would push the share price up.

Surely the profit they are now sitting on should they sell at this level is getting too attractive to miss? Hanging out for a lower price imho is a big risk as we must now be sitting at a share price simply represents cash in the bank at ITM, completely ignoring tech / ip / sales pipeline etc etc.

Those who are selling at this level must be desperate or as has been said scared off by doom mongers, and sadly will regret it.

Directors do not buy their own stock if they don’t have faith that it will turn a profit, they take their high salaries and invest it elsewhere.

LuckyLaurie thanks for the input, that was the view I have taken in terms of major shareholders voting against anything under around the 400p mark where a lot entered.

Hence I have continued to top up at these lower prices and will continue to do so :)

I agree bid candidate but isn't that a concern for shareholders who are holding out for long term ( hopefully large ) growth? There are a significant amount of institutional investors who went in at 400p so how would they feel even if a bid came in at double the current share price they would still be facing significant losses?

Most days when you try and place a "larger order" 20-30k shares the price offered is somewhere around the current SP, I just tried an order for 30,000 shares and the best price I got was around 63.5p.......suggests there are many more buyers around than those willing to sell at this price, the shorts are going to be starting to twitch a little imho.