Armchair Trader8 Jun 2020 10:23
For what it's worth:
There’s a trading update out from ITM Power [LON:ITM] this morning, showing that the business has a growing and healthy order book and a reasonable £38.5m worth of cash in hand. COVID-19 has caused some modest delays in specific projects, but these are expected to be short-lived. The company is at the forefront of climate change technology and sees themselves as being well placed to capitalise on the opportunity as governments increasingly acknowledge their need to address this subject. Shares in the company remain on a tear, having more than doubled in the last month.