The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
From my link posted earlier:-
A new US start-up featuring two Tesla veterans is planning to challenge the dominance of lithium-ion batteries with its “safer” and “reliable” sodium-ion alternative that it claims could halve the cost of energy storage for generators such as wind and solar.
Peak Energy launched today saying it aims to roll out its sodium-ion batteries by 2025 and open a giga-scale manufacturing plant the following year.
Its launch follows a $10m funding round led by California-based Eclipse Ventures and strategic partner TDK Ventures.
Tesla battery blazes as residents near $38m 'Big Bessie' warned to stay at home
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“Sodium-ion is the key to unlocking the potential of renewable energy and will finally enable power providers to fully decarbonise the grid,” claimed Peak Energy co-founder and CEO Landon Mossburg, who previously worked at US electric vehicle and storage giant Tesla and Swedish battery developer Northvolt.
“The timing could not be better to build a company in this space,” he said, adding Peak Energy already has “momentum with key customers and partners” like Israeli solar and energy storage developer Doral Energy.
A team of ex Tesla veterans are looking to give Sodium Ion tech a go in new US startup:-
https://www.rechargenews.com/energy-transition/tesla-veterans-our-sodium-batteries-could-halve-cost-of-energy-storage-and-are-safer-than-lithium-ion/2-1-1529670
Yeah, at a market cap of over a whole million pounds now it's as expensive as a 4 bed semi in Essex with a large cabbage patch attached! Unsustainably toppy? You decide arfff.
Watching the day traders scarper off with a tenner!
Kept my trap shut as it is noisy today. Start of the recovery here folks from being priced to go bust. Hold and wait for potential takeover or JV arrangement imo. Sodium Ion tech provides a good solution for mass manufacturers of vehicles and for mass power storage at a lower price than Lithium Ion. It is more eco friendly too. Whats not to like!
GLA.
FTH, I don't like PIs not to understand the full picture so try to show what is happening live from time to time. MMs and HFT BOT traders are at it here. That is what matters but many will miss this which is sad. There is only one reason for their attentions here imho. I have an Investment Banking background btw, working on trading floors, I know all the tricks. GLA
What Is High-Frequency Trading (HFT)?
It involves the use of algorithms to identify trading opportunities. HFT is commonly used by banks, financial institutions, and institutional investors.
https://www.investopedia.com/terms/h/high-frequency-trading.asp
The BOT just pulled a 1.40p 4814 shares trade out of its backside to temporarily impact on the SP at 09:49:35, trying to tempt traders. Someone is using this BOT to try to control the SP, whilst they load for their master imo. This enables them to take advantage of traders. Don't be a fool imo!
Yes they are rolling 24 hour totals, the trend on BTC trades on the GS20 Exchange is clearly moving up.
We should keep an eye on it as new business builds up imo. A 15% move up in one day is telling us something.
I see that the GS20 Exchanges BTC Volume is up 15% to 542 BTC at the moment from the 473 BTC that I reported yesterday.
So, therefore, revenues from it are up 15%.
https://gs20.exchange/