creature6 Apr 2014 17:04
I hope not for this reason stated by Acta’s Chairman in the results …….
“Fuel cell manufacturers are showing increasing interest in the performance capabilities of our products as an enabler of their own sales, and we believe that our products will become the standard component for onsite hydrogen generation as the fuel cell industry grows to mass market volumes.”
Becoming the go to Manufacturer of cheap on-site Hydrogen has always been why I’m so bullish on Acta …… to get taken out now would be gut wrenching!
ITM have about £6m in orders apparently (even though technically they are giving some of it away, lots of sleight of hand over there, IMO), much higher overheads and a market cap around £55m
If Acta can achieve just one significant order on the scale they are talking about I believe the SP here will go on a significant re-rating because the market will finally see the size of the potential market and that at the moment Acta have no serious competitor!! Which makes the potential market cap, HUGE
But that’s only my view, lol