GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
https://www.heraldscotland.com/business_hq/19115721.new-data-boost-omegas-abc-19-alliance/
I really should just shut my big mouth!!
No sign of them this morning. I'm wondering if the 3 x200k and 1 x500k last night was the culmination of whoever was selling. If so, good news and we can move confidently forward into the sunlit uplands!
Well Jedi, JP Morgan seem to believe. So does whoever spent £1 million buying shares this morning!
JP Morgan Cazenove has initiated coverage of renewable energy specialist ITM Power with an 'overweight' rating.
The bank said the Aim-listed hydrogen electrolyser manufacturer was a leader in its field with "strong partnerships and growth", and was now well placed to benefit from a new 1GW manufacturing facility in Sheffield.
It said: "This new facility should help ITM significantly increased electrolyser output and lower unit costs. We expect ITM to turn earnings before interest, tax, depreciation and amortisation positive by the 2023 full year, and free cashflow positive by the 2025 full year, as plant utilisation improves and demand for green hydrogen solutions rapidly increases."
JP Morgan concluded: "With global hydrogen electrolyser shipments likely to grow significantly to 2030, we estimate 34% average upside based on our three macro scenarios."
As at 1145 GMT, shares in ITM were ahead nearly 8% at 535.0p. JP Morgan has set a price target of 700p for the stock.
Ethio,
Not sure I share your opinion that the 100k seller is gone. Looking at todays sells, we have 3x 200k, 4 x 100k and 3 other 100k+ trades. Seems to me someone continues either offloading or building a short position. The good thing is that the MM's seem eager to take them and the price is holding strong and blue, which is where we all want to see it.
2021-02-24 10:15:06 200000 23.55 23.5 24
2021-02-24 12:07:04 200000 23.75 23.5 24.5
2021-02-24 12:06:51 200000 23.5 23.5 24.5
2021-02-24 08:24:14 140078 22.62 22 23.5
2021-02-24 12:23:04 126631 23.69 23 24.5
2021-02-24 12:57:39 120000 23.69 23.5 24.5
2021-02-24 08:54:23 100000 22.75 22.5 23.5
2021-02-24 10:21:27 100000 23.426 23 24
2021-02-24 11:09:03 100000 23.85 23.5 24.5
2021-02-24 11:55:40 100000 23.7 23.5 24.5
09:12:35 529.00 231,728 Unknown* 528.00 530.00 1m
Dumper still dumping, 500k over the last half an hour or so. Interestingly though this had minimal effect on price. A few days ago this would have seen the price tank!
Monkey70, it is indeed one of our most interesting questions. The company is always stated as being a, " palladium, platinum, rhodium, iridium and gold producing company". Personally, I have never seen any estimates of volume, but Dmitri has mentioned it in interviews and it appears as a core element of production in their statements. Certainly looking forward to finding out!
They do like to create a sense of panic amongst the weak. I do wonder how many of them are left though as the majority selling at this level must be doing so at a loss. I can't think that any lth would be sucked into this deceit.
First prices posted 6.8-7.0
First L2 in at 90-95
Considering the absolute carnage across my portfolios today, Eurasia is rather uniquely a sea of tranquility!
https://twitter.com/OmegaDiagnostic/status/1362040022015348738
Govt has lent us equipment, we WILL be producing 2 million tests per week as the company has said numerous times. Boris has told us we are going to test and vaccinate ourselves out of this pandemic and every school kid will get tested twice a week and we are one of very few with the capability to deliver. Even today with VWAP well above the mid, buy/sell ratio is 1.3-1.0 and we are 7% down. My flabber has rarely been more gasted!
I was thinking that he same
I note that there have been a large number of 100k plus sells, 24 so far today, which is a fair chunk. Most of these are 100k exactly, others are round number £'s, eg. £30k worth. I am not sure whether this is one seller reducing their position, others shorting or just pi's p!ssing their shares into the wind. Nevertheless, it has been going on for days and is certainly a drag on price.
I use HL and for execution, I find them really good. I run my Sipp a family trust, a whole load of ISA's and two other accounts through them and trading is almost always good. Their price information is lousy though and they no longer have broker information either so it is becoming harder to justify using them, however I just can't find anyone else who has the range of services though, so if you do find one let me know.
lemmings!
Lots of decent sized kippers going through this morning