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Home » UK Shares » Three Quick Facts » Three Quick Facts: ITM Power, Braveheart Investments and One Media iP Group

Three things you need to know in the financial markets this morning from investment writer, Tony Cross.

ITM Power

There’s a veritable flood of announcements this morning, although the vast majority are start of month place-holders. In terms of more exciting corporate developments however, ITM Power [LON:ITM] has announced that its network of hydrogen refuelling stations have been moved into a separate, wholly owned entity. There’s no indication that this will pave the way for a sale, with the company instead noting that it offers flexibility in terms of scaling up, although also provides the scope to develop new investment models.

Braveheart Investment Group

There’s news of an exciting development from Braveheart Investment Group [LON:BRH] portfolio company Paraytec out this morning. A rapid COVID detection process has shown under test conditions that it can quickly identify patients with very low viral loads, well below the threshold which is picked up using a lateral flow test. The company does however note that getting this into production would take at least six months from engaging with a manufacturer.

One Media iP Group

A note that seemed impossible to miss this morning was the news from One Media iP Group [LON:OMIP], the digital music rights acquirer, that it has picked up the writer’s share to royalties of more than 250 tracks by Kid Creole and the Coconuts. There are no details of the financials involved here, only that it is in line with management expectations. One Media uses proprietary anti-piracy software to ensure that song usage is carefully monitored, which presents an economy of scale when it comes to securing royalty payments. Conversely the artist selling the rights gets advance access to future earnings off their IP.

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This article is not investment advice. Investors should do their own research or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

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