I was a constant bear of ITM Power (ITM) although comrade Malcolm Stacey used to worship at the alter of man made global warming and so was a fan. At one stage at peak green bubble its shares were 682p – a market cap of £3.5 billion. Today, with Cooley having left the building four years ago, they are 62p – just 12p above the IPO price back in 2004. Old comrade Stacey would have done better putting his cash in the Nationwide Building Society.
on Tom Winnifrith | Comments