Ilika – were “trading update” developments not known as recently as a week ago?...
By Steve Moore | Wednesday 11 May 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
A week ago solid-state battery technology company Ilika (IKA) made a “Goliath Scale-up Update” announcement, emphasising “Scale-up plans validated - highlighting cost-saving benefits at higher volume production levels”. That helped the shares remain above 100p and they last closed at 95p before today a trading update...
You must be a registered member to read this story
ShareProphets is reader-supported journalism
Join us for free and gain access to three articles per month
Or become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.