Member Info for rickmeister

We seem to be heading in the right direction again. Lets hope it continues it's upward trend.

3 non-execs resigning is more telling

Sidara has a significant presence in the UAE, I wonder if they had any influence on the contract placement?

No and you have failed to answer a legitimate question.

What rise are you referring to? The past steady rise, last week's rumour rise or yesterday's Board appointment?

Not surprising, they get paid for their land. Less financial benefit to them from H.

Careful there, towards 80 is probably more reasonable with out further substantive news.

Wednesday morning there was a rumour that a leading industrial co was signing a joint dev agreement for the production of hydrogen with a British co. It was assumed it would be ITM, but then the sentiment changed to AFC, which announced the JDA just after noon in an RNS.

Along with the auto trades, the other oddities are the number of very small trades, ie today several just a few quid and all today's trades took place in the first hour, nothing since 9am. It's almost if someone is constantly testing the price or loading up in the slowest possible way imaginable. Very little about this company makes any real sense.

Whilst nothing can be ruled out, Wednesday was driven but inaccurate rumor. Prior to Wed the sp was high 70's-nothing in reality has changed since then. I cannot legislate for the actions of the MMs however.

Yep, the rumors that started on Wednesday gave them a opportunity to milk the SP. The rumors damaged both this share and AFC, without them we would still be at high 70's.

Anyone who shifted into AFC is not fairing any better today. This is mostly painful for yesterday's buyers who didn't get out, less so for those who bought in around the 25p mark. Without yesterday's activity we wouldn't be where we are today.

Not just emotion, looking at how the sp recovered later today after the heavy drop. There is regular and good news flow from this company. Yesterday's sp was not just a fantasy.

Closed at 12.6p, would be surprised if we see any improvement on that tomorrow

Closed at 75+p. Every chance it will revert to 80p tomorrow-today was an aberration driven by speculation.

40p? read the RNS, the JV isn't going to assist the P&L for 2 years. Investors and MMs will get bored long before then.

From top of the risers to now in the top fallers. This company would do well to exit AIM for the 250 if it can.

MMs have stretched the spread suddenly-looks like they want to slow things down

Genuine sell off or stop losses being triggered?

Indi are one of the worst companies at releasing RNSs, news flow is almost non-existent. They treat it more like a private company.