Member Info for onsolidground

We get it that you are trying to trade ITM constructivenews

But ITM won't be affected in the US because it is US - Lite presently. ITM Power have no factories in the US, nor to my knowledge any pre-existing Reservation of Capacity or fully signed contracts over there.

In any case Trump doesn't take office until 20th Jan next year and then I think he might have his hands full. He's got Elon Musk (Mr Electric vehicle) to repay for his much needed assistance in the election and he also has a full raft of his bigger policy commitments to fulfil first: like the Economy and erasing inflation and making America affordable again, ending the war in Ukraine, ending the conflict around Israel and of course the Mass deportation of circa 20 Million people...

Next news here will be UK or EU (German or Dutch based) and the 6 Directors were happy to buy here after the German and UK announcements.

GL though.

https://www.cleanenergywire.org/news/hydrogen-start-flow-pipelines-germany-2025

and

https://www.h2-view.com/story/labours-first-budget-in-14-years-confirms-2bn-for-green-hydrogen-projects/2116739.article.article/

and here's our involvement in just one of the 11 in the first HAR round. 10 more up for grabs.

https://itm-power.com/news/20mw-electrolyser-with-scottishpower-uk-s-largest

There isn't any logic for the continued fall Okehurst1.

But if the continued drop and low volume is anything to go by, there is virtually none of the existing Institutional Investors and LTH's buying the shares, even at these share price levels. So I am not so sure that MM has the support he once had.

Just additionally it is also worth repeating that only £33M of the initial sum of £75M in the Placing, was raised from existing Institutional Investors and LTH's. £10 Million of that was Mouldings. Do the maths and that's well under 50.1% - and the likes of QIA and Balderton noticeably didn't participate.

On his 49p Placing shares.

Gawd knows how much more on all his THG holding.

Could easily get a substantial chunk back of his wealth back though by selling up to somebody else or stepping aside. It's almost as if the City is engineering him gone.

New pride of lions just turned up as well (Selkirk) stalking prey in a pack and must be licking their lips at the opportunity out there.

Never has THG been so vulnerable in all the time I've been invested here.

Thanks The.Italian

Now I can't speak for Matt Moulding but given the array of heavyweights involved at Selkirk and ties with Private Equity and with THG they pose a much bigger threat than @Kelso, albeit Kelso are indirectly involved - but that one step removed.

The THG share price is imvho asleep at the wheel.

So whilst we sit and patiently wait for German Reservation of capacity and contract awards and we await announcements off the recent £2 Billion Labour Government green light for 11 Green Hydrogen projects in the UK (all the successful applicants for HAR 1 - Hydrogen Allocation rounds) Please be aware that HAR2, HAR 3 and HAR4 rounds are planned and work is ongoing.

Mentioned previously Storegga and Scottish Power have planning pending for a Speyside project and what looks like a HAR2 applicant.

Glimpsed the planning meeting last night for the Pembroke Green Hydrogen project which RWE are progressing. Unanimous support with 14 out of 14 councillors in favour. Minor hoops still so there in principle.

https://www.tenby-today.co.uk/news/planning/approval-recommended-for-pembroke-green-hydrogen-scheme-736257

Quite an array of Ex THG "associates" assembled at Selkirk Group Plc.

Iain Mac - stepped off the THG Board after shareholders raised concerns about his Independence. Had been there since IPO. Key figure with Belerion Capital who previously bid for THG.

Angus Monro - THG and Kelso shareholder - now on the Selkirk Board

John Goold - CEO of Kelso. Activist Investor whose company was on the receiving end of "My dogs have more than them" Matt Moulding quote - and who has proferred so much free advice "95% of which gets binned". Share price 45p 2 years later as opposed to £1.70 "significantly undervaluing" the company. With Iaian Mac co-founder of Selkirk Group.

Now Oliver Helmsley - Numis founder - an organisation Matt hates with a vengeance.

Sir Terry Leahy - THG share holder - now with over 9% of Selkirk Group

All this running Contiguous and overlapping with the THG Ingenuity "steal".

So what big reverse takeover are they plotting to turn "conglomerate discounts" into rich reward for investors.

And does Matt Moulding look to buy up 12% of Selkirk just as he did at Kelso as a Pacman defence? Or if in sticky hands will he have enough time should they choose Ingenuity with a better offer than whats presently on the table?

Just checked and yes dealings have commenced in Selkirk Group Plc and they are listed on Aim with the ticker code (SELK) if anyone wishes to keep tabs on them for news. Not sure of they have a bulletin board set up yet or you can News tab them.

Never a dull day @ THG

Bearded Dragon - you are referring to the Uncrossing Trade (UT) mate which happens at the conclusion of the auction at the end of business. It is a matched bargain of both a sell And a Buy. Sorry to disappoint but you need to do some research uncrossing trades and you'll find it explained. It's basics!!

"What is an uncrossing trade?

An uncrossing trade is where buyers on the bid and sellers on the ask match together in a single trade at the end of an auction period. The uncrossing trade shows up with the trade code “UT” on the London Stock Exchange."

"Frasers will not hesitate to push for legal action against them personally."

Actually it's quite a shrewd tactic by Mike Ashley and reminding those individually named of what the "Independent" means with reference to "Independent Directors".

It's them individually that get sued and find themselves up against Frasers Group funded Corporate Lawyers and Silks.

He knows the present Board of Boohoo need money far over and above what they have and is closing the door on any backdoor fire sales

He took on Morgan Stanley over being forced to close a high leverage position in Boss and they paid out to him just prior to the verdict.

https://www.reuters.com/business/finance/morgan-stanley-frasers-settle-uk-lawsuit-over-1-bln-margin-call-2024-05-03/

Yes we could do with Mike Ashley batting the case of THG investors and Mr Moulding could learn a lot from him.

All sideshow talk though whilst we wait for the circular.

Thanks MagnumPI

"in particular their duty to act honestly and in good faith in the way most likely to promote the success of the company for the benefit of its members as a whole."

Now there's a statement, and make no mistake Ashley and Frasers will sue if required.

I've also sold half and to lock in some gains and luck rather than judgement (near 100%). Two reasons really. I just know how the market makers can trolley this in the other direction at any time as they did a couple of days back. Lets me keep some powder dry. Secondly there is a lot of time between todays election result and Donald Trump actually getting the keys to the White House (20th Jan for his Inauguration)

We don't have any factories in America. We do though have them in the UK and we do in Germany and positioned nicely to benefit from what's coming both sides of the English Channel. Hence 6 Directors buying shares.

By next week the world will have worked out Trump doesn't take office until the late January (20th) and they'll have moved on to the next topic. That might even be tomorrow with Interest rate decisions due both in the UK and US. Todays newspapers are normally tomorrows fish and chip wrappings.

Dow Jones +1340 point or over 3% as well.

Low volumes I think is saying MM is unsupported.

Lets have a bid please...

20th January for Inauguration

https://eu.usatoday.com/story/news/politics/elections/2024/11/05/when-is-inauguration-day-2025/75846444007/

Sorry posted prior to the link

https://eu.usatoday.com/story/news/politics/elections/2024/11/05/when-is-inauguration-day-2025/75846444007/

20th January for Inauguration Day

Https://indianexpress.com/article/when-is/when-is-inauguration-day-all-you-need-to-know-9656364/

Cureboy,

Trump may have just won the US election, but a near 10% manipulated fall on ITM at one point today, when he actually won't take over or get officially Inaugurated until January is incredible.

I fully suspect that between now and his inauguration there will be numerous ITM Reservation of Capacity and Contracts issued for the UK and Germany in particular.

https://indianexpress.com/article/when-is/when-is-inauguration-day-all-you-need-to-know-9656364/

Kyk Trump doesn't get inaugurated till January.

May I suggest that you let the demerger take place and fully conclude first. Interest rate cuts take effect and lets get The key trading period out the way.

Not disputing that Kyk but I'm just stating how you deal with it.

You hit back with more tariffs on American exports. Then it's not MAGA conducive.

A bit naive mickey for in a reciprocal manner the other country imposes the same 20% tariff on imports into their country from US exports. How do you think that might assist Apple and it's Iphones, Tesla and all other manner of business.