RE: Pumped xnd dumped10 Jun 2026 08:43
I think there's a lot of things going on here. 1) MSCI inclusion: wouldn't have been included if long-term fundamentals were not there. 2) Multiple meaningful partnerships. 3) Rapid price rise - yes, flew from 60p to 200p in such a short-space of time, so some correction was needed.
Fundamentally, energy security is paramount. The case still remains. I think most of the problem is retail investors panicking and selling up / implementing stop losses. Yes it is good to manage risk, but on such a strong player like ITM there is little need given huge upside potential. I think a lot of this selling is people having flashbacks to 2021/22 when these hydrogen stocks were at all-time highs - people are worried and so sell-up before its too late. Well you only need to look at US counterparts to see huge potential with these shares. Hold strong and the rewards shall be plentiful.