Itaconix Share Discussion Threads

[cyberbub] 03/10/2019 16:36

No, for some reason some stocks the minimum declaration level is 5% and some it is 3%, I've never been able to work out why.

[lefrene] 03/10/2019 13:04

cyberbub, if he went below 3% there would have to be an rns. I would think his holding here is insignificant relevant to the remainder of his fund.

[cyberbub] 03/10/2019 11:12

In his distressed state I find it very hard to believe that Woodford would have sold 14% and not the final 5%... And if he didn't at the time it will be gone 2 months later. He's out.

[buywell3] 03/10/2019 09:54

Last RNS from ITX regarding woodford



Holding less than 5%

NOT HOLDING LESS THAN 3%

Neil Woodford firm counts cost of failed takeover as he exits ...
www.standard.co.uk/business/neil-woodford-firm...
Woodford cut his stake in the £4.8 million AIM-listed polymers company from 19.2% to less than 5%. Itaconix was a small part of the Equity Income Fund, accounting for less than 0.1%


Obligation to report threshold crossings

In accordance with the London Stock Exchange (LSE) rules,

Panel of Takeoverand Mergers board (PTM) rules, an investor who acquires, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter

[pugugly] 01/10/2019 11:47

Jung - Thanks for head-up re Woody - Missed the announcement.

[jungmana] 01/10/2019 11:35

woodford dont hold a single share here as they completely sold out a few weeks back. this is spreadex selling and imo we could see 1.5p this week.

[lefrene] 01/10/2019 10:53

The City does seem to have it in for Woodford and thus anything he holds. Needs some more deals here, get some product out of the door.

[pugugly] 01/10/2019 10:35

I wonder if Spreadex is folling Buywell and thinks of maybe a cahs raise at 1.5p and trying to get out fast -
At the rate sP is falling and with Woody still stuffed could be even lower (imo)

[wololol] 01/10/2019 10:32

Can anyone make a sensible guess how much they have left? I think they could be out this week. Very much doubt PIS would be selling at these levels. expecting a big bounce soon. Could do with some news as well to be fair.

[cyberbub] 01/10/2019 10:24

200k dumped - must still be Spreadex? If so, there could be a good opportunity for the brave if you think you can time when they're finally out! NAI

[pictureframe] 01/10/2019 08:48

Might test 1.5p again at this rate

[the patient investor] 01/10/2019 08:45

Wtf is goin on?

[buywell3] 01/10/2019 08:34

Woodford still owns under 5% does he not after selling down

[buywell3] 01/10/2019 08:27

The problem holders have IMO is that when the next cash raise takes place

Their holding will get watered down significantly , assuming say min £2M is raised

Plus it is difficult to see any premium to the falling share price being obtained

eg if it was done this week they might raise at 1.5p

all imo
dyor

[cyberbub] 01/10/2019 08:15

Hmmm, disappointing to see it below 2p again... Not sure why unless Spreadex is dumping heavily?

[lefrene] 27/9/2019 11:30

Gives a nice little glow and does no harm but I wouldn't put too much store upon it, it's sales that count!

[parob] 27/9/2019 11:11

Fantastic news for a company with such a small market cap.The honour was bestowed by Biofuels Digest, which calls itself the world's most widely read biofuels daily.

[rivaldo] 27/9/2019 08:23

Nice 500,000 share buy just now at 2.1p.

Perhaps Spreadex's stock really is running out now. Online you can both buy and sell 300,000 shares at 2.1p and 2.02p respectively, so nicely even.

[rivaldo] 27/9/2019 07:30

Great recognition for ITX, and excellent PR too - which just shows this micro cap's potential.

[parob] 27/9/2019 07:19

27 September 2019Itaconix plc ("Itaconix" or the "Company")The Next 50 Companies to Disrupt the WorldItaconix, a leading innovator in sustainable specialty polymers, was recognised this week as one of "The Top 50 Companies to Disrupt the World" by Biofuels Digest, the world's most widely-read daily publication on the bioeconomy. The Company will be honoured with other recipients at the Advanced Bioeconomy Leadership Conference on Next Generation Technologies and Markets in San Francisco, California on 31 October.John R. Shaw, Chief Executive Officer, stated: "Major global imperatives for sustainability and climate change can only occur through disrupting the chemistries we use in everyday products. I see our bio-based polymers enabling performance and safety breakthroughs in a growing range of home and personal care products, and am pleased that our efforts are gaining broader recognition."

[cyberbub] 26/9/2019 17:00

I'd like to see a sudden trade of say 6 or 7M shares - Spreadex selling out... Here's hoping.

[geraldus] 25/9/2019 14:01

Very hopeful for a great return here.They cover such a wide spectrum if they only captured a small percentage it would be an excellent outcome.With the big partners ever closely linked there could even be a stake built or a bid.I don't buy oil/resource stocks as a rule,had my best returns in this sector.IOF performing very well for me.

[korvet] 25/9/2019 13:15

Thanks for your candid reply. Appears all you research and instincts were correct just an unfortunate result of Woodford's sell down. Still could be worst, I believe you will see a return, not so sure about SXX. What do you think k of RBD?