ITM Motive is a whole owned subsidiary. It doesn’t have shares. If it does well the ITM Power share price will go up and vice versa.
This latest drop is nothing to do with that. The split makes perfect sense as it means Motive can move freely in a totally differently regulated industry. Without constant decision making from parent company.
This last drop has more to do with a sector wide drop and a lot of that is to do with sector ETFs selling ITM (which had been doing well) to make up for the loss of companies like Bollard and Plug.
You shouldn’t worry too much bc this is an emerging market and ITM won’t make a profit till 2024. So just stay calm. Buy the dips and 2030 you will thank 2021 you. The fundamentals havnt changed
Never doubt ITM! I pick up some more share at 4 (I should have waited for a little more and have a better entry point) when it was falling a month ago. Nice to see it building some positive momentum!
Big visit from Chile officials. Looks like a big order is in the works. This is only the beginning. Your future self will thankyou so much for any ITM you buy today.
I’m super new to this… but if the immediate reaction to any drop (but especially after a surge) is sell all ASAP, then alarm bells should be ringing. The only expectation I set when buying is this is the LONG game we are playing.