The Lemon Fool

Hat tip to Mr Contrarian on his scepticism in this am’s small cap sweep.
I’ve been agonising over whether to dabble (I won’t say invest) in Ilika for years.
The promise is there, but I have too many historical losses with suchlike (NTX/HiWave, TRK to name but two).
Mind you, I completely missed the boat with CWR, having thought hard & long about taking a punt in the sub 50p years. And didn’t.

Sharepad shows an EV/forecast turnover of over 200, which is exceedingly expensive.

To even entertain that, I'd need to be convinced that they had a unique competitive advantage over everyone else who makes batteries.