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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Iofina Plc | IOF | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 21.00 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 21.00 | 21.00 | 21.00 | 21.00 | 21.00 |
| Industry Sector |
|---|
| CHEMICALS |
| Top Posts |
|---|
Posted at 23/1/2025 07:01 by lostsole RNS out ....Iofina PLC - Q4 2024 Update #IOF @iofinaplc https://www.voxmarke |
Posted at 22/1/2025 18:43 by chillpill Hopefully our ex-Republican Governor Mary Fallin has been on the blower to DJT and they are just waiting for the Executive Order to come through for IOF to make the US self-sufficient in iodine over the next 5 years.We can all but dream! 😴 |
Posted at 20/1/2025 21:52 by chillpill Biggest things for me from the update will be how are the improvements to old plants progressing and in 2025 can IOF finally get ahead of the curve in plant builds and start building more than one a year? Also are they going to improve Iofina Chemical throughput after a disappointing couple of years? |
Posted at 20/1/2025 08:31 by chillpill Bank Holiday today in US- Martin Luther King Day- so was very unlikely to be today.I expect update tomorrow or Wednesday. I double checked on the Oklahoma Court dockets and IOF have a following up hearing (from Dec 2nd) next Monday for the consolidation of the brine/gas leases for IO#11. Looking back at IO#10 they went through a similar process getting approval on 10th Jan 2024 and then started the build process 10 days later. |
Posted at 17/1/2025 11:58 by margaritas Hello to all. New IOF investor here - after following with great interest for some time. History tells us to anticipate the Q4 results on Monday. Looking forward to an interesting year. |
Posted at 09/1/2025 16:38 by fft One other point is the break even point of fracking. I remember a few years ago when it virtually stopped as the oil price made it uneconomic and the brine supply to IOF was severely squeezed.The price seems to vary from site to site, but the more drilling that trump encourages, the lower the price will go. Hopefully IOF has its plants in locations where the cost of fracking is lower than $50 to provide a cushion for the frackers to develop further and produce more. |
Posted at 18/12/2024 16:48 by lostsole RNS out Iofina PLC - Holding(s) in Company #IOF @iofinaplc https://www.voxmarke |
Posted at 01/12/2024 18:31 by chillpill I don’t disagree Naph.IOF talk about accelerating the roll out of plants but are stuck on one plant every 12 months. I do wonder where the AIM market will be in 5 years time. I imagine the best businesses will continue to get picked off by their discounted valuations. IOF is a niche business so probably not that many potential bidders. |
Posted at 18/10/2024 06:01 by lostsole RNS outIofina PLC - Q3 2024 Update #IOF @iofinaplc https://www.voxmarke |
Posted at 02/5/2024 09:39 by zendo102 Results:Lacklustre and pedestrian - there is nothing on the horizon that is likely to jump start the share price. Compare: “Costs of raw materials to process the brine water into iodine continued to increase in 2023, however, chemical cost increases in 2023 were lower than those of 2022.” “During H2 2022, iodine prices peaked and have subsequently slowly come off these highs during 2023 and have currently settled in the mid to upper sixties per kilogram.” In other words, those supplying chemicals to Iofina were able to raise their prices, but Iofina were not able to pass those increased costs on to their customers. Margins suffer. (Inflation hit 10-15% last year. Why are iodine prices not $77-$80/kg? Everything else has gone up.) Growth strategy: IO#10 is so well flagged that it is now a banana skin rather than a possible surprise to the upside. Only a ramp up in plant building (or a surprise maiden dividend) can save us now. How about starting the next plant before the previous one is finished, so those preparing the site finish and then move straight onto the next, those installing equipment do the same? Iofina has the resources to do this - either there is no will to do it, or the economics are just not that good. Yearly share price chart: a relentless share price drop from 32p to where we are now. Any more and we will be at the offer price of the share placement 5 years ago (April 1st, 2019) - shares were offered at 16p, which according to the Bank of England’s (very conservative) inflation calculator, is equivalent to 19.74p today. That was the last time I bought Iofina shares. With the current price of 19.77p, I’m effectively up less than 0.03p (1%) a share over FIVE years in real terms. Drinks all round? I think not. Investor Mood: The lack of comments on this board show extreme investor apathy as well. In years gone by, when the narrative was good, there was 10 times as many posts on results days. A company does need to focus on the fundamentals, but investors also need to see a story to buy into. Iofina used to trumpet the unique tech, the strategic importance of iodine, the environmentally friendly extraction of a valuable product from waste product, the huge untapped potential of the vast quantities of brine being disposed of every day, the lowest costs of production in the industry, the desire to be the biggest producer in the USA. Many of these ideas are there, but they are buried in the strategic report (did you read that far?) In becoming prudent and conservative, Iofina has become BORING. There are some value characteristics there, but where is the out, the catalyst that will drive the share price up? Without that Iofina will just plod along. This could be the bottom for the share price, but sometime over the tax year, unless there is a dramatic turnaround, I suspect I’ll be selling my medium-sized stack of Iofina shares to offset capital gains elsewhere. Anyone care to change my mind? |
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