ITM Power Plc (ITMPF)

[Gerry321]

I have never ramped ITM ...... only dealt in issues that I felt were relevant

I still believe the technology is leading edge
However under PH and JH the mgt has been appalling and have made a number of serious strategic errors due largely to what appears to be technical ignorance and arrogance
The membrane hasnt suddenly gone bad after 15 yrs under DH who has undoubted integrity as have the boffins who work with him But the ignorance of JH has lead to some silly decisions like abandoning the moulding of stacks in a vain attempt to
get something to market
I see the future as hinging on getting a technically comfortable CEO who can balance the reality of sudden setbacks with the need to survive by exploiting opportunities to generate income