Market's view on Gelion
Published on April 2024
- Gelion will be presenting at the Mello Results Show Webinar along with other companies.
- A stock watcher highlighted Gelion and SAAS showing a strong performance in early trading, expecting them to be top gainers.
- Comments were made about misleading revenue claims by Gelion, confusing R&D tax credits with actual sales revenue.
- A surge in investor interest in battery stocks was noted, mentioning the UK’s first Lithium-Ion battery recycling plant approval and related stock price movements.
- Concerns were raised about the commercial viability of energy storage companies and the risk of potential capital raises.
- Positive response to new executive purchases and a strategy focusing on manufacturing partnerships and licensing agreements for patented battery technologies.
- A discussion took place regarding the lack of clarity on the price of a company’s battery technology product.