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Ilika – argues full-year “achieved significant milestones”, but how “significant” really currently?…

By Steve Moore | Thursday 16 May 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Describing itself as a “global expert in solid-state battery technology”, Ilika plc (IKA) commences an update today that “unaudited trading for the year ended 30 April 2024 has been in line with management expectations” and includes “cash and cash equivalents at the period end were £11.9m”. So what of a current 28.5p share price, down from approaching 50p as recently as last December?
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