Some perspective26 Sep 2025 13:45
We are seeing multiple posts which are trying to paint a negative position on the progress of ITM, and although we all know the motivations behind this, we need to get some perspective. As we know it is always the little dog who yaps the loudest.
ITM is a pioneer in this fledgling market, with 20 years experience already of research and development. This R&D, experience, product testing has to be paid for, which of course most on here understand.
This is being paid for by Investors, who buy shares in the company because they believe this company will grow, and in the future provide them with a positive return on their capital. These investors have bought shares at 26p / 55p / 72p and all the way beyond 600p. £250,000,000 of the money, most of which remains in ITM bank accounts was allocated against a share price of 400p, by institutional investors who have way more information available to them about the inner workings of ITM than we ever will. They believed then, and one would assume still now that this investment will provide them with a positive return on their capital, and probably access to tech which their company will benefit from. So we are not expecting to see massive revenue figures right now, we are not expecting ITM to turn a profit yet which is why we are not concerned about our holdings and are not selling.
This group are clear on their intentions, and would be open in their support for the company.
Then we have other groups, traders who are happy to see volatility and try to profit from the short term movements in price and could certainly benefit from a little spreading of fear from time to time.
Then we have the "shorts", whose sole aim is to see the demise of the company, and see their profits rise from each single 1p drop of the stock. The thing which is causing a massive headache for this group is the volume, there is no volume so although the price has fallen and they would love to get out, but they can't. So the more noise they can create, the more questions they can stir they think they are winning. Sorry for them that ( not at all ) that the price has risen 44p since the lows, and with 23,000,000 shares to buy back that's a lot of headaches.
This got me thinking about an example to show the addicted poster how irrelevant all of this key tapping is.
Lets consider Vodafone, a pioneer in a new market which the mobile phone industry was back in the 80's ( when I assume our friend wasn't even a twinkle in his mothers eye ).
https://www.vodafone.co.uk/newscentre/features/vodafone-at-40-industry-firsts/
Vodafone was a technical pioneer, and rose to the top of the FTSE 100 in 15 years......... just let that sink in.