Previously writing on company which describes itself as “a leading developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets”, in July with the shares down to 4.25p I noted it’s good luck with a sustainable financial solution within the next few business days and it remains that hopefully our prior warnings were heeded, bargepole/sell. The shares had since risen to above 9p as financial hopes were raised and now the company “is pleased to announce” that it has conditionally placed new shares to raise approximately £2.1 million and is proposing to raise up to a further £0.25 million in a “retail offer” via the Bookbuild platform. So what of a share price currently down to 2.15p?!

Previously writing on company which describes itself as “a leading developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets” AMTE Power (AMTE), last month as the shares jumped to 6p on ‘battery challenge’ and UN Certification announcements I concluded it’s good luck here particularly in the current financing environment – and thus more covid-era IPO misery. Hopefully our prior warnings were heeded and it remains bargepole/sell. The shares most recently closed at 8.25p but are currently down to 4.25p on the back of a “Financing update” announcement. Uh oh!

Previously writing on company describing itself as “a leading UK developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets” AMTE Power (AMTE), in September with the shares down towards 70p I concluded sceptically. The shares most recently closed at 54p, but what of a “Delivery of Ultra Prime Cells” announcement today and the shares currently up towards 60p, an above £21 million market cap?

Hello, Share Shearers. One of our loyal readers Colin has asked if he can have a bit of assurance over a company I’ve commented on before in this modest column. The firm is Ceres Power (CWR), which provides alternative energy through high-powered battery cells. Colin wonders if there’s a reason why the share has been off the boil recently.