Cooley has resigned
Price in free fall. Didnāt think results were that bad.
Increased losses not that bad? Adjusted EBITDA loss of Ā£39.8m (FY21: loss of Ā£21.4m). This is not the market for such things.
It may all turn out well. But the slog will be a long one.
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Iām in for the long haul not disheartened by the results. They donāt seem to be a risk and are continuing to grow. Some set-backs on expectations, but nothing especially troubling by the look of it.
Iāve just bought the dip 
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Wouldnāt be surprised if this drops to under Ā£1 after that results update
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Markets overreacted will wait it out.
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Agree that it is an over reaction
Personally think it will rebound and go back in a positive direction
Just knew it would drop because of what people were saying when results dropped and they reacted very impulsively and short sighted in my view
Letās see how it goes from here lol
Gla
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Topped up a few today in for a penny and all that. It might explode.
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It is going to a long one on this one. ITM has scrapped its 2024 target for electrolyser production capacity.
and reversed course on a decision to open a second UK factory in Sheffield.
They will go for government support for capital as European countries will have various incentives and plans in place for ways of reducing dependence on Russian oil and gas.
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@Upthegains Germanys push in Hydrogen is no secret - it has been developing the infrastructure for a while now. As gentle reminder this topic thread is specifically about ITM. If you want to post about Hydrogen investing please do it in š² Green investing š². If you are posting about how ITM is specifically involved in some country plan then it would be pertinent and on topic for this thread.
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Well thatās the Ā£1 mark breached, a bit of a way off the heights of Ā£6+ in Feb 2021
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we are all dommmmmed
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- BPMarket doesnāt like that down 33%
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Tempting re-entry point for me
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Iām down 75% 