Proton Motor Power Systems (#PPS) – proposed AIM cancellation
- 2025-01-20 07:59:59
UK 06:27 Monday, 28 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
In August on Proton Motor Power Systems (PPS) I noted “Financing update” is actually ‘financing support to be stopped’ and, though the company stated it would accelerate discussions it has been in with other potential sources of finance, I concluded with the shares then falling below 1p to a £15 million market cap that it’s relatively massive “other” finance looking to be needed in a continuing challenging financing environment; bargepole/sell as the warm-up begins here for the ShareProphets National Anthem. Now a “Financing update & proposed cancellation from AIM” announcement…
Following June-announced results for the 2023 calendar year which emphasised “encouraged to witness market adoption taking place as customers seek solutions to meet emission reduction and energy storage targets and the wishes of their investors and customers, and discover the benefits of Proton's track record as one of Europe's longest established fuel cell development companies”, Proton Motor Power Systems (PPS) has now issued a “Financing update”… and what of the shares currently approaching 38% lower in response to below 1p?
Featuring 88 Energy (88E), Empyrean Energy (EME), Guscio (GUSC), Petrel Resources (PET), Proton Power Systems (PPS)
It would appear that at least from a technical charting perspective there is excitement in the air as far as the present set up on the daily chart of Proton Power Systems.
