Member Info for IKFA

@Flintwall if you want to check my numbers then look at:

29/04/26

Open 142.1

Close 146

Shares Acquired: 825,600

This gave me 0.47p increase per 100k acquired.

I have 4 samples days I have worked out, and the average across those days takes me to 0.67p per 100k.

Hope that helps :)

@Flintwall I will try and keep it as simple as I can, but I am trying to use the data which we have and used days where there have been a change in the level of shorts, and how this has affected the price on that day to see if there is a correlation.

The data which we need to do that is:

Price at open

Price at close

Number of shares reduced on that day .

From there we can work out how many pence the share rose, per 100k shares which they acquired on that day. So lets say the share moved from 150p to 155p and there were 1,000,000 shares acquired that day by the shorts ( note that is NOT total volume, it is number of shares which were bought back by the shorts ) the calculation would be:

155-150 = 5

1,000,000 / 100,000 giving us 10 "lots" of 100k shares.

Then change in price (5) / ( divided by ) lots of 100k ( 10 ) = 0.5p

So in that example the share price would have risen by 0.5p for every 100k shares which they bought back.

It is not an exact science due to all the factors that have been mentioned, but it tells us on each day that that the shorts have reduced what it actually cost them in terms of a price rise for every 100k which they acquired.

From memory it was myself, @Digitalis and a couple of others ( sorry can't recall who it was ) ...... @hairydavey maybe?

We were looking at the effect of the share price movement per 100k of shares which had been bought on days which they had reduced their short.

I have started to run a spreadsheet on these numbers, and there are a couple of "out lying" days which are confusing, but I am not sure if that is due to the report day being slightly different due to a weekend, or shorters reducing on days following a massive rise, so working on that at moment.

From memory the other member had it around 0.6p rise in share price per 100,000 returned to the pot.

I am currently on about 0.67p per 100,000 after working through a few more days so interesting that we are coming up with very similar numbers.

If you multiply that by the over 20,000,000 ( 0.67 x 200 ) still outstanding it paints an interesting picture, but with other factors affecting share price its never going to be so accurate.

Need to consider though, that those numbers come during a time where there have been 2 massive announcements so there has also been a big increase in new investors, traders etc coming to the table so that will have an effect both positive or negative depending on where the news goes over the coming weeks and months.

Running the numbers just reaffirmed what I think, shorters are becoming irrelevant and the company is on a way better trajectory than even the most positive of us were thinking.

Pre the big announcements when we around 60p, my "feeling" was £1.50 would be realistic if the shorts all closed, now my "feeling" is that this is closer to £2.50-£3 but that doesn't account for any new news, or is anything anyone should base their investment plans / decisions on.

They are reducing, but by the hundreds of thousands, at 3% short 20,000,000 shares still need to go back in the pot. That's 20,000,000 they need to buy from anyone willing to sell and then returned to the original owner.

On the day the price rose by 40p I believe they managed to get 0.55% ( say 3.5 million ) back and the volume was up at 36 million traded. It was a massive news day so they were fighting with lots of new buyers coming in but that is what they are now up against.

I just sit back and think of all those days they tried to tell us we were naive / stupid, that they were so clever and had really already exited we just had to wait for them to throw the bomb at us with all of the shares they already bought and that their profits were already banked. Some folded I am sure, 26p was hard times but most on here could see through it and kept the faith. Now the tables have well and truly turned.

They really are getting what they deserve as some of the tricks played were downright dirty and I still believe they got their hands slapped for posting false / misleading information on this board.

Onwards and upwards, as I have said they are irrelevant now, the direction of the company is clear.

@hairydavey i did the calculation fairly quickly using top line numbers so yours will probably be more accurate but even if it turns out between 1.3 and say 1.6 then that is really interesting reading…… I am sure they have run those numbers, but the fact that we have also done it gives them something else to think about, and maybe also some of the active traders on here as well :)

As much as those who have wanted to profit on ITM’s demise are becoming less relevant as every day goes by, I thought it would be interesting to see what it is costing them each day to buy the shares back.

I am going to start on a spreadsheet tomorrow, but after running a few numbers from 29th I believe that every 100k shares they bought back, caused about 1.33p rise in the share price.

Of course there are lots of other variables:

Traders buying / selling

LTH adding positions

Positive news from ITM

Would be interesting to see what the affect per 100k is over a longer period, or even if the other variables mean there is no trend at all.

As others have said, they really are irrelevant now, but after months of gloating it’s refreshing that the boot is on the other foot.

They may be reducing BUT……… the share price has reached nearly 160p AND they still have over 23,000,000 shares which they need to buy and return to their rightful holders.

Seaangler that’s a good point about additional small short positions, not that we will ever know, but could be very active during days like yesterday with all the “tree shaking” which was going on.

Following the current ( today ) report then we can conclude that there are still 24m shares which we know about which need to be bought back.

I wonder if they will report any change tomorrow, or they will sell any purchases today to try and drive the price back down again.

Whatever they do I would rather swim upstream / against a rising tide as this is only going 1 way .

Great point Hairy D, I did a quick calculation last night and I believe that still equates to just shy of 25,000,000 shares that they need to BUY… at market value at any given time.

I get that investors have different strategies but it is beyond me why anyone is letting their shares go based on the massive news / partnerships / potential that this company offers.

I am certainly happier “in” than “out” today, the scrap to buy shares will start again and those who sold and want to get back in could see their profits wiped very quickly.

Of course investors don’t all have the same goals so all the best to those who have taken profits, I remain like the likes of Linde, and others who invested £250m @£4, I trust the company and I believe it is facing a BIG future.

Wookie nailed it, the “wet knickers” are just playing right into the shorts hands.

Just feels like bandwagon jumpers who expect every day to be positive. Think about the reasons you bought the share, and what the long term prospects are. The shorts are now irrelevant and these trades hanging over are a thorn in their side, let them worry about it.

@breakofdawn, I agree with your sentiment, but just to be clear, it is now definitely a SELLERS market. Those who hold shares now hold the cards.

Down in the 20’s was the buyers market, now the tables have turned.

I know you don’t need correcting but just want to be sure the narrative is correct for those just coming to browse 👍

Gold Finger I admire truckers massively , nothing to excuse 👍 you can learn a lot on the road with open eyes and ears, and take it into your investing. You see the companies that are flying, the opportunities which are often evident by the goods being moved, before it is known to markets.

Are you gen haulage by any chance as that can give you a great insight. I have picked up lots of ideas when working on pallet networks.

Ahh so he needs £4.75 to get losses back from other investments, thanks Digitalis.

Gold finger apologies if I offended you, I thought you were invested here at £4.75 and hadn’t averaged down, my bad 👍

It’ was just some of the words you used, I felt like I have seen them before, you write in a similar way to someone who used to frequent this board. Apologies again.

Gold finger ….. Needing £4.75 to break even when this stock has given you the opportunities it has is, quite frankly I find, and let me chose my words correctly……. Confusing / ridiculous / irresponsible / negligent investment strategy.

What gave you the confidence to invest at £4.75 which caused you to not invest at 26p?

You obviously reacted to hype at that price which made you invest?

The company had cash to last for some years, wouldnt lowering your cost have made some sense to you considering the prices being offered?

Sorry if this offends you, but the strategy you have taken here baffles me.

Unless you were being advised by the shorters ( I am not joking here, I truly think that has happened ) and they were ramping it at £4+ and trashing it all the way down !!!

Still time to lower your average and make a big profit .

So Digitalis do we agree?

3 companies short 3.69% ( of the new top line number of shares available ) across Helikon, Qube, Voleon?

Total shares out standing 25.39m ( give or take) ?

Just wasn't sure I understood your comment:

"I think you might be forgetting to add Voleon in your recollection"

Just checking I have my ducks in a row.....

Based on GB Energy investment recently the shares in circulation became 688.16m

As of today there are 3 Hedge Funds "short" on ITM totalling 3.69% of shares in circulation.

So with the increase in shares, slight decrease in shorts do we still have 25,393,014 shares which need to be bought back??

I had in my mind still 21-22m outstanding but based on these numbers there are another 3.5m....

The interesting thing is , they are becoming irrelevant now, how they wish they could have forced more sales at the 26p+ range when they were going all out to create uncertainty amongst investors on here.

I can't see much reduction over the last couple of days based on lower volumes which, if that's the case they are still facing buying what 21m-22m shares before they get called in. This is across 3 companies all in competition to not be left "holding the baby" when it does really start to move.

This is going to get really, really interesting over the next few days, and what am I going to do........ ABSOLUTELY NOTHING....... my shares are staying with me thanks :)

Tick Tock.............. Got a bit of a standoff going on.

Reminds me of a scene in Pulp Fiction..... "B**ch be Cool"........

Great movie.

Paying off the mortgage can be a good option, but why do “rich people” always advise to use the banks money to borrow, so that they can use their own funds to invest?

If the cost of borrowing is significantly less than the return that you expect to get from your investment then you could be missing out on significant returns, simply by reducing your monthly outgoings.

What if you sell your investment, reduce your monthly outgoings but then want to save each month into an asset which is rising in price? Then you are paying a premium way above the interest you were paying on your mortgage and are worse off?

Of course we all have different opinions, and there is no right or wrong answer, just wanted to provide an alternative perspective.