Member Info for Seadoc2

"Broker downgrade today for Ceres Power impacting the sector."

The intraday sp curves are identical in terms of timing but ITM had less of a dip.

I thought QGP shares were locked in until they had released the $200m R&S to VLRM?

From RNS 2nd Dec 2025:

"As part of the formation of V-QGP, the Company has issued 12,595,437 Ordinary Shares of £0.001 each to QGP at par value. QGP has agreed to a full lock-up on these shares until the USD $200m R&S capital is released to Valereum."

Have I missed an RNS prior to 15th May that VLRM had been paid the cash? If not QGP have yet again failed to honour obligations.

" ....take profit ignore the rampers"

But if you do want to take a profit I suggest not doing it first thing. The mms will almost certainly drop the bid at opening and potentially a bounce back around 10.30.

Not many millionaires are duffers. To quote Arthur Ransome "If not duffers won't drown"

Was there any news? Last time there was this volume and drop was end Feb, that was the prelims. AGM is next week ?Something has leaked.

Clean Power Hydrogen RNS 1390G:

"Clean Power Hydrogen plc has requested a suspension of its shares from trading on AIM due to significant damage to its MFE220 1MW unit during a Factory Acceptance Test, which has materially delayed its completion and caused a constrained working capital position. The company is actively evaluating funding and strategic options to address immediate liquidity requirements and is reviewing its insurance and commercial arrangements. Discussions regarding a potential equity capital raise have been paused pending greater technical clarity following the incident."

Addicknt, to which you might like to add a third, stamp duty of 0.5% on purchases.

Casshy, Yes, there is a clear level of support around 100p. For the gamblers there is also potential support at 140p and a likely retrace back up to 160p. I have been keeping my trading powder dry for that 140p and would consider a short term punt at that level. If sp does not hold at 140 then we will see 100p. Of interest over the last couple of weeks the 200d ma has risen to 85p. Mid June should see 200d ma at or around 100p and coincide with the publication of FID. Over the next month I will be accumulating a significant reserve in the SIPP/ISA accounts as I see the 3-5 yr outlook very rosy, indeed glowing red from 100p. In relation to the SAU report para 2.26 is a bit of a tease. We will have to wait until June for the final decision of DESNZ, in particular paras 2.36 and 2.49.

We can look forward to an interesting month. This will be a strong buy when, and if, all these factors both those fundamental and chartist come into alignment.

"2) RNS on Mondays never happens" What???

Monday 13th April:

13 April 2026

ITM Power plc (the "Company")

Block Listing Application

ITM Power (AIM: ITM), announces that a block listing application (the "Block Admission") has been made to the London Stock Exchange for 368,836 ordinary shares of £0.05 each (the "Block Listing Shares") to be admitted to trading on AIM ("Admission").

And:

13 April 2026

ITM Power plc

Grants under Deferred Annual Bonus Plan

Monday 20th April:

20 April 2026

ITM Power plc

PDMR Dealings - Buy as You Earn Scheme

April 7th plus 30 working days:

"The Grant remains subject to subsidy control scrutiny, a statutory process required to ensure any public funding complies with the Subsidy Control Act 2022. The subsidy referral was submitted on 7 April and is expected to conclude in June 2026, after which, subject to a satisfactory outcome, the grant would then be contracted."

RNS of 9th

And the 30 working days comes from:

https://itm-power.com/investors/presentations-and-webcasts#

From memory about 18 mins in.

" Waiting for 153p minimum"

I think you might be in luck.

Just looked again at the volume, probably nearer 10m shares a day. Much more on up days than down days. I think there is charting software that compares volume on up and down days and gives some indication of possible "prediction". I see wyndrum is about today and he has expressed his view on the value (or not) of MACD for small companies but I see that MACD crossed back down at the beginning of the week which leaves me in no hurry to buy. I still see 140 as a possible entry point, followed by 100 and definite support at 200d ma which is at 80.

There are 690m shares in issue. The total declared short position is 2.79% (down from a peak of 4.8% in March). Of this Helikon have 1.46 % so about 10m shares. The average daily volume is 20m. What do you think Far? I think not but wyndrum has experience in the dealing rooms and can give a more enlightened view.

Wyndrum, What are your views on MACD? The cross on 6/5/25 and again on 15/10/25 gave pretty good signals and it looks likely to cross again in the next couple of days. I will be keeping my powder dry for a little bit longer. I want to learn the subsidy decision on 25th May and how that affects the June investment decision. This has probably been posted before but just in case:

https://www.ad-hoc-news.de/boerse/news/ueberblick/the-great-itm-power-divergence-institutions-pile-in-as-retail-investors/69295562

@hairydavey, I do not have your crystal ball so have no idea about news this week. But the RSI is rattling around like an overfilled kettle and the tealeaves would suggest 140 might be a better buying point, possibly 100 and if all else fails it will get support at the 200d moving average which is down at 80. I will be watching carefully, may well have missed the boat but hoping to buy at a better price over the next couple of months.

The NAV of the bitcoin is about 0.3p. The GM is to sack the board and sell the bit coin, return the cash and wind up the company. They already have over 50% and I will be adding my (tiny) vote.

Trish,

There is a video of the CEO standing in a tin shack waving his arm over the well head and saying "there are 3bn barrels of oil down there". He then went on to say he had never said what was later found on the cutting room floor of the Panorama editing office. But you can believe whatever you want. I make no comment if it is daft to have such a belief.

There is no borrow to be able to open a short. But agreed, it would be a good short, I did do nicely shorting it back in the noughties.

BeardedDragon, Last month you could have had as many as you wanted for 1.2p and no dealing charges. I actually top-sliced just after the notice of the announcement of the offer and immediately re-invested, got an extra 83,333 shares for £3.99.

This is a bit of a tribute to Janus. It does NOT say no more fund raises. It could have simply said TK fully funded but instead uses the phrase funding package closure. At the same time it brings up the value of Saudi assets, only 13% owned so, no, I do not think HAA can borrow against a potential and large asset. I agree with the suggestion of Deedee and Hub re: "sniffing around". That I like, sale or JV. But combining in one RNS the clear presentation of the value in Saudi with the closure of TK funding package give me an uneasy feeling that HAA may want to stand his corner in the near future and not wait for cash flow from TK but rather to invest shareholders cash now, and where would he look for that cash? I am happy with my present holing in TK, in Kefi as a whole but remain wary of HAA. I am happy to help fund Saudi from income from TK in a few years but definitely do not want to invest my retirement funds in an HAA legacy project.