Member Info for MrChoon

Yep, sold 80k at 16.2p trouble is, i cant wait to get back in at a lower price but will inevitably end up buying back at a higher price due to fomo! :(

My homework suggests the partner is likely to be either Caterpillar or Cummins.

Why Cummins stands out. Already investing heavily in hydrogen engines and fuel cells.

Deep expertise in fuel systems + gas handling.

Global service network (critical for ammonia systems).

They also don’t have a dominant position in ammonia yet, so partnering with a cracker tech like AFC gives them a fast route into distributed hydrogen supply.

In second place, Caterpillar.

Huge installed base of generators and mining equipment.

Needs solutions for remote sites and off-grid power.

Ammonia cracking is perfect for remote mining and construction where hydrogen delivery is impossible.

A break and close above 15p is super powerful, just need that level to hold. Thats 50% return for those invested at the 10p fund raise. If we can only hold that level!!

Maybe i missed it, but who was the S&P 500 partner? did they finally announce the name of the company?

Anyone else feel sick watching the ITM news and subsequent performance, while we're stuck in this carp waiting for the returns of yesteryear.

Thats important news, where did you see that released?

This will stall, for as i mentioned before, so many retail investors will see the breakeven and sell when they have got their money back. Few will hold on for the same gain they were willing to face on the downside. If you're willing to see -50% at least hang around for +50%

I'd love to know how many retail investors will be selling their shares once the SP gets back to breakeven. Tragic that they would be willing to see significant downside but never hold on long enough for the upside.

Watching bloomberg news last night, every night actually, they showed a company in Japan now running commercial boats using ammonia. No cracking for hydrogen, they just use ammonia as the fuel source. Company called Nedo, i think.

120-150 employees, i'd like to know what they all do for the £4 million annual revenue. Would be good to hear some work force streamlining to save costs

1. Why volume matters in technical analysis

Most technical indicators (support/resistance, moving averages, breakouts, RSI, MACD, etc.) assume there’s enough trading activity to reflect supply and demand dynamics. With low volume stocks, price movements can be erratic — a single trade can create a “signal” that isn’t meaningful.

Patterns (head & shoulders, flags, candlesticks) are less reliable because there aren’t enough participants to validate them.

2. Risks of using TA on low-volume stocks

False breakouts: A small order can push price past resistance, but there’s no real momentum behind it.

Poor liquidity: Even if the chart shows a buy signal, you may not be able to enter/exit at reasonable prices.

Spread distortion: Wide bid-ask spreads can make technical levels less relevant.

Hargreaves are receiving calls from retail investors looking to cancel their orders from the new placing. These will hit the portfolios on August 8th. Sadly they cant

RBC now lists ITM as its new sector preference, showing regained credibility from institutional investors

Ok thanks, i sold a small stack a couple of weeks ago at 14.6p so i guess if i can get them back at 10p i should probably try it

Hargreaves are still accepting orders for the retail placing at 10p, can that be right? will you actually get stock right now at the 10p level?

I think i need to sell some more shares in order to get the SP moving higher! I should change my name to reverse indicator

Anyone remember why ITM went to £7+ ?

Buying at 16p and selling at 90p could be the same as buying btc at 16c and selling at $1 .... ok not quite, but you get the drift. Hang on for the long term!

Nov 2, 2020 16.4p, finished the year at 94p, but, Dec 15 was 36p, so took 2 weeks to move 260% to 94p

Sorry no doomsayers allowed