Member Info for Spacerat

I think the market has dragged this beyond low. Certainly at an inflection point for the whole sector, let alone ITM. Just got to look at the sales level at Plug Power to see the scope that is already out there.

Have turned a small holding into a large one today.

Doubt it but a reduction in remuneration seems appropriate given the widespread disruption to the workforce. After all their executive share options should compensate them handsomely if they get this right.

I normally do the opposite of Peel Hunt but in this case their target price seems spot on by my calculations.

Will be having a whip round to take this private.

Just got to look at Plug’s last quarterly results to get a handle of the potential in the Electrolyser market. A significant RNS imo.

Blimey £18m worth of stock. That’s some gamble! When the fun stops, stop. Going to get a bit burnt me thinks! Not sure they’re going to buy that lot back too quickly.

Done; swap around just before the close.

Noticed that they are happy to quote for a sizeable sell but only a fraction of that on the buy side. My largest and longest term holding. Not a chance of a sell here whilst this stock’s sp is treated with so much contempt.

Prudent - At this price the reverse is more in play. Too cheap now.

And topped up with more. Very hard to get a price, however, very easy to get one on the sell side!

Does or would anyone short this? Very unlikely imo.

£36 to £2 indicates the ‘train went over the cliff’ is pretty old news. Plenty of vultures will be considering their opinions at this price.

Or a nice way to deflate the share price further and take private.

Seems quite prudent to me.

AS - yes but I was referring to the sector as a whole, which at this point moves as a collective.

Chilt - Took a bit out of blue chip earlier this month to add to tech. Should have waited until October to use it. I hate September in the stocky market!

I struggle to know what the market actually expects from companies in the hydrogen sector. The last 2 years has seen commercial validation of the tech. Many projects are on the go, with very few upsets. Yet the valuations in the sector are a shadow of 1-2 years ago. Obviously the macro arena ain’t good but this tech is and has always been for a time period well beyond now. The only difference between now and 2 years ago is that energy security has become the buzzword and climate change discussions continue to accelerate as a concern.

Added. Just see so many positives here. The brand and its loyalty is so strong. All those retiring baby boomers to market to. Can only see this business going from strength to strength. Happy they are not proceeding with a fire sale of the insurance business.

Struggling to see what is bad.

I’m sure all will be revealed tomorrow in the webinar - seems a total overreaction, albeit in favour of our new warrant holder. I’m sure out biggest shareholder was consulted beforehand and therefore I’m pretty cool.