Market's view on Itm Power
Published on April 2024
- Financial instability is highlighted due to significant bank failures, with US regulators stepping in to protect billions in assets and customer deposits.
- Concerns are raised over the potential collapse of the financial sector without governmental intervention.
- ITM Power PLC announced a partnership with Hygen, appointing them as the preferred supplier for Proton Exchange Membrane (PEM) electrolysers for hydrogen projects in the UK and Europe.
- There is mention of turmoil and losses in the market, with specific reference to a poor decision to short DARK.
- Discussion includes a lighthearted commentary on social gatherings and events unrelated to the core financial topics.
- There are miscellaneous social interactions and personal anecdotes that do not relate directly to financial discussions or company performance.