Member Info for Seaangler

So rather than just picking off the normal down times , dedicate an entire offshore array to H2 production? Think I would invest in that project. Maybe ITM could though I appreciate the stick to what you’re good at adage.

Looks pretty swish TM. Probably still a good area to be invested in. I made my biggest ever killing on Vestas but haven't held them for some time. I guess if we want enough renewables to supply a globally significant qty of H2 then maybe I should look again.

Solar and wind are exactly what we want. They are the source. Installed in excess to average energy requirements with conversion to H2 hopefully via ITM electrolysers of any excesses. A pure green solution and hence the opportunity as put forward by TM.

Not so sure Leeroy. Nothing has really changed here. The story is the same , the prospects are the same , the H2 area is set to boom ( bad choice of word possibly ) and when this bounces back it will be pretty rapid..... just look at this afternoon? Weirdly , given last years massive increase , I think the SP has held up fairly well. Easy to say with a holding cost near zero, trickier if I’d bought in at £1.70. Good times ahead I’m sure but no doubt the rollercoaster ride will persist for a while.

FTSE has been down all day , between 3 and 4.5 % ish. Meanwhile the powers that be have swung ITM between 82p and 108p with buys lagging sales a tad. It’s 1535 as I type , we’re at 101p but where will it end up.... probably in the range 90 to 105p. What a joke!

Not sure it will take 12 months Taver’s. Fear and greed , two of mankind’s rather pathetic attributes. When the virus starts slowing just see how us greedy so and so’s jump back in and how the deaths etc. are quickly forgotten. I’m guilty like the rest , even now looking at stone cold certainties with even more attractive dividends due to this crisis. Pathetic , hands held high. GWA

It won’t look like it was ever overpriced when the orders come through and the goods start leaving our nice new shiny factory. The market reaction is most certainly overdone , not in all areas but in most. Keep your nerves , wash your hands regularly and keep off the share screens ( if you can). GLA

It still looks a bit manufactured to me. Slightly more sells than buys if you can believe the numbers and no major volume , pretty much like yesterday. Why ITM should fall faster than anything else I don’t know. How a virus might affect the onward march of H2 more than it troubles the high street or holiday companies? Hmmmm. Things will no doubt get worse before they get better but eventually all will come good. A decent RNS would help but I’m not even looking for chickens to count at this stage. GLA , do what you have to.

Probably true Taver's but the churn is minimal. This whole area is being played , wish I was better at it......

Hardly a mass exodus over the last 2 days. Corona thing being used as a cloak for the drop. The more ups and downs the more money certain people make. Nothing changed in my view but not nice to observe. More concerned about the poor sods in lock down with this killer.

No talking up here sunshine. Wouldn’t have an affect on the SP even if there was. “No doubting the tech” and no doubt all the ‘hype’ has made you some serious money? Kind of weird to deramp but not surprising given the recent drop in SP. Hindsight. More impressive to read the predictions of ITM’ers who have been here for a while and always held the faith. Now they deserve to have profited and to continue to do so.

Climate change? Will be taken more and more seriously. Energy storage? Think we’d be competing now , nothing major obvious. Fusion? We already have it , behind the clouds today though. Whatever happens the way feels pretty clear for ITM for some time. Apart from anything else , look how long it’s taken to get here so to be superseded in the next 15 years would be something.

Yep and that’s one hell of a difference on cost. Lucky B but good decision ultimately.

Big bucks Bunti! Well done , sometimes it works your way. Most of the time ?...... well , maybe not. I bought back 20k this morning at £1.26 , could have done better but the dog can’t walk herself....

Fira , your last sentence mimics my first. Today’s price on the screen is varying quite a bit , for the most part that’s game playing and profiteering by those that can.

How do you put a price on a company like ITM? Potential massive , maturity minor. Where will they be in 10 years time , the next Shell or chomped up by the same or similar? If they can stay independent and if one of the many green shoots take hold then £1.10 vs £1.50 is not worth worrying about , indeed £11.00 or even £15.00 should get booted in to touch. That’s why we’re where we’re at. Prospects. GLA and GW.

That sounds like a plan Kay , of course a knee in the nuts could help too......

Most of the H2 area hit quite hard. Maybe the irrelevant leakage report used as an excuse by the MM’s. That said they don’t need an excuse to shake the tree periodically. Hope no one bought at 165p and set a stop loss. Made a quick but small in and out on 10k shares and lowered my costs £600 or so. Would rather have stability but an opportunity is an opportunity. GLA

Pretty hard to imagine any bad news in the offing until the next results. Even they might not be too bad given the pre-expansion pipeline. We’ve had the H2 bubble burst 10 or so years ago , this rise has legs. Your £2 may not be that far away OB.

It’s the UT transaction so neither really.