RE: A lot of posts overnight....17 Nov 2023 07:55
Exactly that redhammy.
You have to look at the strategies in play.
Why would a Global Venture Capitalist pretty much take over this business, with ability to add capital, secure revenue, and potentially scale up to 8million cells per annum, delist from AIM and move to main market.
They can create value.
As for battery cells, in huge demand for EV market, a Tesla ev battery is eg over 500 cells, there will be plenty of margin as manufacturers seek to secure supply.
This will be sold in due course - maybe 3-5 years.
I do feel for LTH’s but from a point isn’t time now there is opportunity for investment return.
Unfortunately another AIM business poorly run.
NFA
GLA