This must be the share of the future...........A co with 15 employees mostly Boffins with a unique product under development that has massive potential in the alternative energy sector
My only regret is that I watched the sp rocket from 11op to 210p before getting into the nose cone

now thats not looking very likely mrfrazee !

as you said there is no news flow out so hard to tell whats going on...maybe a buying oportunity

it's 50p now... time to BUY.

and why is that hlyeo98 ?
does look like the dreaded 'head & shoulders' forming if you follow the charts - which will probably mean there's more downside to come.
i was a long term holder - managed to get out a few weeks ago before this turmoil, but i am anxious to get back in. i'm just a little suspicious about the price movement over these past few weeks, and as i said before, summats up.

45.25-46.25 now

You could be right, zephod... where do you think it will drop to?

IF - as I suspect, there is a problem with 'HOST' trials then I wouldnt rule out a further decline to 40p.ish, but wtfdik ! dyor.
I am keen to get back in - love the company & its objectives, but think it could be very choppy for a while.

Whilst many "alternative energy" companies have been heavily marked down in the current market, these have been consistently marked down since the 8th (HOST launch event). currently -12%.

interesting though as there doesnt appear to be any news flow of problems?

hope they didnt use a white van driver in the transit test vehicle and crashed it??

price beginning to look better now...

Tried to grab a few at 50 this am but too late - now look at em....
may yet get another chance

ITM out of favour lately... 42p

38p now

wonder what has caused this crash... no news flow? all seemed so promising as well

KEEP AN EYE

25.375p ( 24.50 / 26.25p )

After a large retracement today there is buying and looking into the UP movement. A stronger order book on the bid side

Volume and rising one to get in the Portfolio

At 30.625p +6.375p

is going places now as the MMs keep moving higher as there is no private investors trades at offer side

a very strong DEPTH on the bid side 277K v 77K

18 July 2011

ITM Power plc

("ITM Power" or the "Company")

Carillion plc Purchases HOST Trial

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that Carillion plc has entered into a one week paid-for Hydrogen On Site Trial (HOST) of ITM Power's transportable high pressure refueling unit (HFuel). The HFuel unit was built with support from the Technology Strategy Board (TSB) and was launched at the Company's AGM on 15(th) September 2010.

Carillion plc is one of the UK's leading support services companies, employing around 50,000 people, and has annual revenue of over GBP5bn. Carillion has operations across the UK, in Canada and the Middle East.

Commenting for ITM Power, CEO Graham Cooley said: "We are delighted that Carillion plc will be joining our HOST trials and has made the commitment to enter into a paid-for trial in July for us to fit in to our busy schedule of trials. This is a real opportunity for ITM Power to show the benefits of HFuel for producing a clean fuel which demonstrates hydrogen cost 'parity with petrol' and contributes to decarbonising transport, improving air quality and eliminating carbon from the fuel supply chain."

Doug Randell, Operations Manager for Carillion Fleet & Plant services, added: "At Carillion we want to offer serious low carbon transport solutions for our clients that also enable Carillion to meet its long term goals for sustainability. We view ITM Power's HFuel technology as playing a potentially important role, and look forward to the commencement of the trial later this month."