We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Iofina Plc | LSE:IOF | London | Ordinary Share | GB00B2QL5C79 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 22.25 | 172,098 | 07:41:02 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 21.50 | 23.00 | 22.25 | 22.25 | 22.25 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Offices-holdng Companies,nec | USD 42.2M | USD 7.87M | USD 0.0410 | 5.43 | 42.69M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:18:12 | O | 123 | 22.50 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 16/7/2024 | 18:35 | ALNC |  TRADING UPDATES: Journeo wins deals; Strip Tinning earnings warning |
| 16/7/2024 | 07:00 | UK RNS | Iofina PLC H1 Update |
| 27/6/2024 | 11:04 | UK RNS | Iofina PLC Holding(s) in Company |
| 25/6/2024 | 07:00 | UK RNS | Iofina PLC Holding(s) in Company |
| 13/6/2024 | 13:00 | UK RNS | Iofina PLC Result of AGM |
| 29/5/2024 | 16:50 | UK RNS | Iofina PLC Launch of new website |
| 15/5/2024 | 07:00 | UK RNS | Iofina PLC Notice of AGM and Resignation of Director |
| 02/5/2024 | 11:10 | ALNC | EARNINGS AND TRADING: Smiths News ups dividend; NAHL profit rises |
| 02/5/2024 | 07:00 | UK RNS | Iofina PLC Final Results |
| 16/4/2024 | 13:11 | ALNC | Iofina reduces 2024 profit prediction amid high fees in first quarter |
Iofina (IOF) Share Charts1 Year Iofina Chart |
|
1 Month Iofina Chart |
Intraday Iofina Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 19/7/2024 | 17:43 | Iofina - US Iodine producer | 9,072 |
| 04/7/2024 | 16:04 | iofina iodine and Canabis oil | 11,174 |
| 11/4/2024 | 10:02 | Iofina | 4 |
| 15/5/2023 | 16:17 | Iofina | 44,906 |
| 24/2/2023 | 11:48 | Iofina recovery | 7,066 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-07-26 15:18:12 | 22.50 | 123 | 27.68 | O |
| 2024-07-26 13:33:10 | 22.50 | 23,982 | 5,395.95 | O |
| 2024-07-26 13:31:01 | 22.30 | 11,739 | 2,617.80 | O |
| 2024-07-26 13:29:43 | 22.70 | 88,103 | 19,994.98 | O |
| 2024-07-26 12:21:13 | 21.94 | 13 | 2.85 | O |
| Top Posts |
|---|
Posted at 26/7/2024 09:20 by Iofina Daily Update Iofina Plc is listed in the Offices-holdng Companies,nec sector of the London Stock Exchange with ticker IOF. The last closing price for Iofina was 22.25p.Iofina currently has 191,858,408 shares in issue. The market capitalisation of Iofina is £42,688,496. Iofina has a price to earnings ratio (PE ratio) of 5.43. This morning IOF shares opened at 22.25p |
Posted at 17/7/2024 11:03 by beeezzz bocker - Obviously 6 agree with your post, which is fine.However, share price on 12 dec 2008 was 22.78p what is today 23p how long do you want to wait, that's 16 years.. And remember many here are under water due to the water fiasco(excuse the pun), my highest price is 75p in 2014, since then I purchased a shed load at 10p and above...Like most to bring my break even down.. 24 Mar 2016 6.14p so all those that brought in then are quids in, over 300%, but, those that are still under water are siting on a dead investment, which is why the share price struggles to go up on any good news simply because many are waiting for an exit point, its due to human psyche. Yesterday was a prime example of that, soon as it went above 23p the selling started and ended lower....Why is share price not zooming up today on that good news....Hmm |
Posted at 16/7/2024 23:40 by pinkpudycat Beeezzz, you are spot on, the management have done little to grow the business, where would the share price be if the Iodine price wasn’t so strong, Hopefully Newlands etc get to a position whereby they can force change.The market is never wrong and the share price reflects that knowledge! |
Posted at 24/6/2024 09:51 by josh_ftm So the share price drops again, looks to be constant drop of selling by the LTH's. I don't understand why the company are not looking to increase shareholder value given that we are 50% down YoY. In 2019 (5 years ago) they raised £7.5million at 16pps, which was to clear existing debt and allow them to 'accelerate the development' of new plants.Looking at the latest loan notes from July 2023, they can draw down at an interest rate of 2.11%. Surely it makes sense to begin a buy back programme, given the share price is 17.75pps, which is 10.9% higher than 5 years ago. Make use of the low interest debt facility to expand and repay the debt with the profits generated for a new plants. However, the BOD do not seem to want to use the facility and want to build the plants using profits generated from the year.Alternatively, why not throw the 'kitchen sink' at it, and use the profits AND debt facility to carry out a rapid expansion programme. They could even look at prefabration units off site, which would be more of less plug and play once new site become available. Looking at previous images, appears the towers could be constructed this way, plants could be 'standardised' and the larger vessels delivered direct to site, with all pipework and fittings outside of the pre-fab units being installed onsite, but pre measured/fabricated, so it's essentially a 'LEGO' set. This would ensure 'we' are ready for when a new site is signed and we can reduce the construction time to ensure iodine can be recovered as soon as possible after signing new contracts.Just appears to me the BoD are a little lacklustre in doing thier utmost to provide shareholder value, which is something they continually spout in most RNS's and the investor videos. Either that, or we aren't being told enough about the business to excite current and potential new investors. To me, this cautious approach is wearing very thin, and without a clear 5 to 10 year expansion strategy, we are expected to just accept 1 or maybe 2(if we're lucky) plants a year and keep 'plodding on'.Really not sure what is going on with Iofina, but sentiment seems to be changing for the worse and the BOD have to come up with new ideas to get some of us back on board. If they don't start to listen, maybe we can all hope that someone comes to acquire the company at a 'rock bottom' price, but at least the LTHs would be out at a better deal than the current share price.Thoughts welcome, but hoping for some sort of catalyst to turn this around. |
Posted at 24/6/2024 09:22 by beercapafn Now tell me that a buy-back program is wrong. 33p down to 17.5p.BOD keeps repeating that better return holding cash reserves for future plants is the best use of cash. The share price has halved in the same period when they opened one new plant. A buyback program would have supported or increased the share price, or at least soaked up the disgruntled shareholders leaving. Is Lance watching, ready to take it private? |
Posted at 21/6/2024 21:06 by zendo102 The key to investing in a value share is finding an "outer", something to catalyze the share price and turn it into a growth stock.The problem is there are no positive surprises left for IOF; there is nothing on the horizon to get the share price moving upwards. All we have are banana skins that can crash the price. If production drops, or the price of iodine drops, or IO#10 is delayed or IO#11 is postponed for a significant time, then the price will move downwards. THE RISK REWARD RATIO IS TERRIBLE. So the share price drifts lower as people see better alternatives elsewhere. And then lower still... Yes, as beercapafn says, there is an "overhang" on the shares - but it's not some random seller looking to undermine us, it's all the long-term holders (on this bulletin board?) who have lost money and who are waiting for just enough of a rise to get out without too much of a bruised ego. We are waiting to sell, not looking to buy. We are the ones keeping the price low. WE are the overhang. |
Posted at 13/6/2024 13:06 by naphar From my perspective nothing to be worried about but also, as I said to Tom, it feels like we are plodding along in a solid consistent fashion, and I didn’t hear anything to get excited about really (edit for context: meaning nothing to get excited about like 12 years ago when the share price went to £2.50 on the back of multiple plant rollouts and water projects, none of which had a particularly great outcome)… some promising irons in the fire for sure, but nothing they will be drawn on too much given past failings, I think they don’t want to create false expectations.As was commented by others, the board look much more relaxed than say 5 years ago, understandably, and they certainly feel that way. Tom made a comment about $20m of debt being stressful (my choice of word). That said, I still feel we are definitely undervalued at the current level, the board certainly agree but cannot control the share price. They have to keep growing the business and deliver on that. Tom did seem to note down some proactive audience suggestions re communications though. Definitely do NOT expect a dividend any time soon. Definitely do NOT expect any type of open market share buyback. If blocks of a few million plus shares became available, they would try to buy those if available for a reasonable price, instead of seeing them hit the open market. |
Posted at 09/5/2024 09:27 by tackems I emailed Tom Becker concerned that the share seemed to be languishing in the depths and noted that I had been a shareholder with a significant number (to my mind) for over 15 years. I suggested that a maiden dividend now that we are debt free may change things. Tom kindly replied and I have posted it below:"Thank you for taking the time to send your email. We also share your frustrations with the share price. We have continued to grow our revenues, expand our production facilities, and have remained very profitable. However, sentiment for AIM stocks has been subdued for quite some time. Looking across at other growing companies on AIM, we are certainly not the only ones not seeing our growth fully reflected in the share price. We do hope that stock market sentiment will improve in the coming months with talk of interest rates falling. We continue to engage with potential new investors who like the story and we are committed to bringing new holders onto the share register. In terms of growth, we continue to invest in R&D and IO#10 is on track to come into production in Q3 2024, whilst further new plants are in negotiation and planning phases. Noting your question re. dividends, currently, our strategy is to reinvest our cash for growth. However, we do review this policy on an ongoing basis, including share buybacks. If you are due to attend this year’s AGM, I would be very happy speak to you and further address these questions or any others you may have. Kind regards, Tom" So slow and steady continues and all in all I think I will stick with them even though I am just at breakeven. |
Posted at 02/5/2024 10:39 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? |
Posted at 15/3/2024 08:12 by beercapafn What is going on. ?Something is wrong !!! We hope the money is piling up, but. Lack of news, transparently and openly promised at EVERY AGM, is just not happening. Lack of information, news, and forward plans. Good or bad. This has led to a collapse in the share price and market cap of 36% 192 million shares in issue X 36P = 69 million 192 million shares in issue X 23p = 44 million That's a drop of 25 million. Back at the AGM Tom stated that they had set aside 1 million for buybacks, to protect the share price from some small sellers affecting the share price. The BOD, for some reason (I suspect they have some aspirations of M&A ), has presided over a huge drop of 25 million in the value of IOF in any such venture. They have proved that they are incapable of finding new Brine at a rate to use capital accruing. So, I agree that a change in the business model needs to change. But I don't believe the current BOD have the skill set or breadth of experience to convince the market of that. And most definitely not with ANY involvement of Lance. Bit of a rant, but very frustrated at the lack of information and drop in Share Price |
Posted at 13/1/2024 12:31 by activmojo 55.0% potential upside indicated by Canaccord GenuityCanaccord Genuity set a target price of 40 GBX for the company, which when compared to the Iofina plc share price of 26 GBX at opening today (12/01/2024) indicates a potential upside of 55.0%. Trading has ranged between 22 (52 week low) and 38 (52 week high) with an average of 182,184 shares exchanging hands daily. The market capitalisation at the time of writing is £47,836,625. Iofina plc is a United Kingdom-based holding company. The Company is a specialist in the exploration and production of iodine and a manufacturer of specialty chemical products. The Company’s principal business is to identify, develop, build, own, and operate iodine extraction plants, focused on North America, based on the Company’s Wellhead Extraction Technology (WET) IOsorb technology. The Company, through its subsidiary, Iofina Resources, Inc., develops, builds, owns, and operates iodine extraction plants using its WET IOsorb technology. The Company, through its subsidiary, Iofina Chemical, Inc., manufactures halogen specialty chemicals derived from raw iodine, as well as non-iodine-based products. Its subsidiary, IofinaEX, Inc., is engaged in the extraction of cannabinoid-based products from hemp. The Company’s production operations are located in the United States, specifically in Kentucky and Oklahoma. Its other subsidiary is Iofina Resources, LLC. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
