Member Info for Momentum5

Not sure where you are getting 111p. I would say without new news we will be heading back to around 150p upwards this coming week. As I said the fall was way over done. The drop had nothing to do with ITM as a business it was MSCI unwind, profit taking after parabolic rally and momentum selling. I think we have seen the end of that now and ITM will start to climb back up.

It has been hard watching this fall. I have not sold any shares since I bought in April. In hindsight, yes I should have sold around £2 and bought back now but I no point in beating myself up about it. Personally I think this fall has been way over done and I hope that today was the low. Hoping we now start building back up again. This drop has nothing to do with ITM as a business it was MSCI unwind, profit taking after parabolic rally and momentum selling. Hopefully today was the end.

Loads of positive news is due and I still believe ITM is a fantastic investment. The benefit of taking a long term view is the ability to ride out turbulence like this. I still believe ITM will be over £5 in time and beyond. Keep the faith. LTH will be massively rewarded.

@asimpleinvestor thanks, I see what you mean now, the standard LSE member chat rules.

Please share the rules, I would like to hear them.

I could be wrong but I think we are just having a unwinding from the index inclusion purchasing front runners over the last few days.

Today's news was positive and I think that is why initially the price rose but it was not enough to counter balance the selling from short term holders who had bought due to the index inclusion.

This could be wrong conclusion but to me seem possible. Anyway if like most of us you plan to accumulate and hold for the long haul it is just a chance to buy more or sit it out if you don't have funds. The future looks great for ITM and personally I think those who invested for the long haul will be massive rewarded. Nothing goes up in a straight line. Have to accept the turbulence along the way.

True but Protium are actually developing projects. This partnership will create a pipeline for future orders. All good, but agreed not as good as a FID RNS.

Yes, great news. Well done ITM team.

@Goldfinger77 you sound like chicken little.

The below is copied from the following: https://www.aktiencheck.de/news/Artikel-ITM_Power_s_Stock_Soars_to_New_Highs_as_MSCI_Inflows_and_State_Funding_Converge_Ahead_of_Three_Key_June_Decisions-19807839

"June brings three binary events that could reshape the outlook. First, a final investment decision on the Chronos electrolyser production line in Sheffield is expected soon after the government confirmed £46.5 million in funding. Each Chronos unit delivers two megawatts — triple the output of current systems — at 40% lower capital cost and half the footprint, with production slated to begin in 2028. Second, the UK’s second hydrogen allocation round (HAR2) has 27 projects on the shortlist, including Uniper’s Humber H2ub, where ITM would supply six 20-megawatt POSEIDON modules. Uniper has yet to take a final investment decision, though planning permission is already secured. Third, the REFHYNE-2 project at Shell’s Rheinland refinery — a 100-megawatt PEM electrolyser — won two awards at the World Hydrogen Awards 2026, adding to the company’s growing list of flagship installations.

All three decisions are likely to be known before ITM Power reports its full-year results on 15 September 2026. By then, the market will have a clear read on whether the operational turnaround is translating into sustainable growth — and whether the stock’s stunning rally has further to run."

Re the 27%, I was incorrect to say "on the week". What I checked was the 5 day tab on google which shows ITM up 27.14%. So from Friday 22 May at 8am price being 152.9p to Friday 29th close at 194.4p.

I should have said is 5 days as I used that tab on google

Great post @Stayingpatient

I am a born optimist to and as you say, we are up 27% on the week which is fantastic. The future looks amazing for ITM. It is hard sometimes not to get swept away in the day to day moves but I am in for the long haul and patience will be massively rewarded. Onwards and upwards.

It is bonkers. I don't get how that much volume happened and we went down. It just does not seem right.

@LuckyLaurie absolutely. It was more of a play on words. Like you explained it take a lot of grit to get through times like that so not luck but solid research and a company you can believe in.

@IKFA yes absolutely, and that was not meant to be insult to anyone. I know that so many of you have truly been through the mill with this and I am so happy for all that have come out the other side. I have been there to with other holdings and it is so very hard.

Wow 25p. You truly are lucky.

I absolutely loaded the boat and throw the kitchen sink at this on the morning the Rheinmetall / NATO collaboration was announced, my average is around 120p. I am very annoyed with myself as I had bought in at around 90p a few days prior, but I made a massive rookie mistake and set a stop loss on all my purchases. I historically never set stop losses and I will never again. MMs dropped the price at the open and took all my shares at a low-ball price which meant I made nothing at all. They then raised the price up. I was so angry about it but I only have myself to blame. I keep looking at ITM and then saw the Rheinmetall / NATO collaboration and that was it for me. I went absolutely all in.

I have been investing for myself for a long time. I did invest in ITM back in Feb 2020 but traded that position as I used to move around a lot back then.

I was lucky enough to buy into GGP when it was less than 1p old money and I loaded on that around 2p. I held that position for over 5 years and sold out completely this year as I could see that gold and silver had had their run for a while. I put all that money into ITM and am very very happy with that decision.

The more research I have done, the more I have read the board and all the fantastic info everyone shares, the more confident I feel everyday and I must say this board is an absolute pleasure to be on. I have never experience a chat board like this one.

So enjoying the ride with you all. Happy days indeed.

If I had more funds available I personally would be buying. I really think ITM is still just waking up. It is impossible to say if you could get a lower price short term over the next week / month. There is loads of positive news due and we could easily leg up again. As others have said there was a massive £250m cash raise in October 2021 at £4 which was heavily oversubscribed. ITM still has most of that cash thanks to fantastic new management in place. Future looks very good here.

Next week will be the perfect time to release a positive RNS. There is more than enough excitement with the index inclusion this week. It would be just pure class if we get a great RNS next week. It would stop any potential pull back from the index inclusion excitement and what a perfect time to do it when ITM has lots of institutional eyes on it.

Thank you Eastwood and Justin, really appreciate you sharing the below info. That is a lot of forced buying. Wow, so looking forward to watching this playing out.

Closing price of 209.2p very happy with that. So looking forward to tomorrow.

Should have said recent all time high.