Versarien: is this £1.95 million of revenue or yet another Government grant? Clarification Needed ASAP
No reason to sell Union Jack shares prior to completion of the West Newton side track drill...in fact
There can be few AIM listed companies that have been referenced in formal official UK Government policy documents, in fact I would suggest none prior to yesterday (I’m happy to be corrected if I am wrong on this point). Windy Boris published his 10 point plan for the “Green Industrial Revolution” yesterday. This is a very high level policy document (much of which I have issue with and will waffle on about in the future), not some industry review or the like. ITM Power (ITM), not only gets a mention – but a full blown highlighted “Case Study”, one of only a handful of companies...
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2019 and thus far in 2020 (by net short position %, those in bold not on the list at the start of 2020) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
I called ITM Power (ITM) a speculative buy in August 2019 at 38p. Having hit some 358p last week, that’s just off that tipsters “crack open the bubbly stuff” target of a 10 bagger tip! The company provided up a trading update on Monday – nothing stated that surprised me, but I did wonder why the update was issued. Today we know the reason – clear the decks for shocking Director share sales.
I called ITM Power (ITM) a speculative buy in August 2019 at 38p. My best call as a buy by some margin while writing for this site. The share price advanced to 71p by the start of the year and has now almost doubled again to 140p as I type. That is a gratifying reward for anyone who read my views and was influenced to buy only some 5 months ago. But where’s the share price going now?...
My interest in alternative energy companies on AIM has seen me conclude Simec Atlantis Energy (SAE) and Powerhouse Energy (PHE) are fundamentally un-investable to me. I like the sound of RedT Energy (RED) as noted here. ITM Power (ITM) has potential - I can see some good reasons to invest.
In the case of ITM Power it can be seen from the daily chart that the shares have managed to bounce back above the former 2015 intraday floor at 20.2p.
Search ShareProphets |
Recent Comments |