Ilika (#IKA) – £6.3m placing at 50p
- 2016-09-27 00:06:42
Commenting on today-announced results for the company’s year ended 30th April 2016, Ilika (IKA) Chairman, Mike Inglis, notes “since my appointment as Non-Executive Chairman at the AGM last September, I have been very encouraged to see the technical progress and increased commercial focus at Ilika. The definition of a clear solid state battery roadmap and the launch of the Stereax M250 have been important milestones on the road to commercial success”. The following reviews with the shares currently more than 14% lower, at 45p…
Shares of Ilika (IKA) have been and remain an interesting play on a fundamental basis, at least in term of what is one of the hottest area of technology – accelerate materials innovations, otherwise known as batteries. After the recent pullback there is an interesting share price target brewing.
Ilika (IKA) has been and remains one of the more cutting edge tech stock plays of the moment, a point which is perhaps not immediately obvious just by looking at the daily chart over the near term.








