Itaconix Share Discussion Threads

[ohojim] 21/4/2021 14:09

Good podcast. So John Shaw intimates that paint and surface coatings is the next area of interest for ITX, which means he is probably well down that path already. That potential market is rather exciting I think.

[fillspectre] 21/4/2021 14:02

Just listened to the podcast Patt. Very confidence inducing and a good bit of exposure to entice more US investors to purchase ITX on the OTCQB under the ticker ITXXF. Fils

[purchaseatthetop] 21/4/2021 13:27

John Shaw podcast.

Fascinating and really exciting. They are only currently looking at their $750m addressable market but JS states that this can be increased to $5-$6b whenever they have the time.

Most fabulous thing is the last sentence. JS states that "because of the certainty of our future growth we offer amazing value to new OTC investors" even at these recent higher levels.

[lefrene] 21/4/2021 10:25

Yes a trading update would be very welcome.

[purchaseatthetop] 21/4/2021 06:59

I am very pleased that we held 8.8p despite the sentiment yesterday. Good base to build from now. Like cool and andy I appreciate being able to add at around 9p (I cannot believe i am writing that!!). Won't last for long. Maybe an RNS today with a trading update?
We will see in 5 mins.

[andyview] 20/4/2021 12:15

I'm finding anything under 9 hard to resist even though I'm fully loaded and overweight here !!

gla

[cooltools] 20/4/2021 10:12

Agree, picked up another 100,000 at 8.9p, grabbed the chance.

[purchaseatthetop] 20/4/2021 09:59

Just bought for a second time today. Only small but another 17,762 at 8.9p.

This is what I call buying on the dips. Never expected to have these prices today.

[purchaseatthetop] 20/4/2021 09:53

lefrene....fully agree that there will be some sales. Clearly. I celebrate the brake on share price rise as it makes no difference where the share price will be in 18 months time but allows me to add while the price makes sense to me.

Obviously it is different for new entrants to ITX who do not like seeing red on the portfolio but for us longer LTH's who are miles in the blue, this is just further Gifts from the Investing Gods.

It all depends (as always)

[lefrene] 20/4/2021 09:44

patt while I see the prospects here as mouth watering there's that over 100 million shares issued at 1.1p to insiders last June, plainly a good many of those will already have been sold to flatter the balance sheets of whoever bought them. But until all those very low price shares are cleared I suspect they will be a brake on progress for a while. The capital appreciation from 1.1p to current levels is likely to be too tempting a reward for those holders, but firmer hands such as yours over time will mop them up. In the meantime it would seem the business goes from strength to strength.

[purchaseatthetop] 20/4/2021 08:35

and off we go again. The ITX rollercoaster......up to 9.7p today and then back to 9p. who cares. it is above 8p and I can still add.

[purchaseatthetop] 20/4/2021 08:22

I am no donkey (even thought the spangly tights quite excited me....) so I bought more this morning at 9p.

ITX is like a drug. I just want more and more.

[ohojim] 19/4/2021 22:50

I am but a filling. You are the bread of life itself. Well, unless you get toasted.

[gurunostradamus] 19/4/2021 22:46

Do you not mean a journey of thousand pennies from heaven, dearest ohojim as you find yourself sandwiched between the new and the old guru!

[ohojim] 19/4/2021 22:40

Verily Guru. The journey of a thousand miles begins with one chart.

PS Got some new spangly tights for the donkey, no chasing this time. Well happy.

[gurunostradamus] 19/4/2021 22:15

Let the trend be your friend and think bigger timescales rather than daily noise!


free stock charts from uk.advfn.com

[ohojim] 19/4/2021 21:32

"Everyone has a plan 'till they get punched in the mouth." Mike Tyson

Evening patt! Just thought I would share that pearl with you from one of our leading philosophers.

[purchaseatthetop] 19/4/2021 20:36

I do not expect a trading update but the Wednesday podcast makes me just wonder if JS has a plan. A man with a plan. If he dropped an RNS on Tuesday or Wednesday morning with a gangbusters trading update we would all be knocked out and he would be the man of the moment (with a plan).

25% chance....*chinny reckon*

[bamboo2] 19/4/2021 18:05

Gap 23/3/2021 measures 5.74-5.80

I sold my trading shares way too soon, but still think it could need filling.

[purchaseatthetop] 19/4/2021 17:02

matt123d.....would not be surprised to see a drift. That suits me as I will be able to buy more while it remains nicely below 10p. I do not expect a trading update.

[lefrene] 19/4/2021 17:02

They put this out a year ago, perhaps as a softner to the fund raise of £1.12 million that followed on 23rd June at 1.1p, so those insiders must be happy now! No doubt with circa 100 million extra shares floating about, that stock could be a drag on the price, as those who bought at 1.1p might be sellers to flatter their investing 'skills', if managing small funds.

So an update that thoroughly underlines that we don't have to keep selling the family silver to get to profit, would be most welcome. Indeed an update telling us we were on the cusp of being in profit, and that the coming year was going to be truly exceptional, would tick the right box.

[matt123d] 19/4/2021 16:43

Daily shooter inside day, takes shooter down tomorrow would anticipate a retest of the 8p level.

[fillspectre] 19/4/2021 16:24

Can't see there being a Q1 update. Is it traditional? I think we just need to resume a patient wait for the H1 update which should be towards the end of hopefully a Summer of opening up. Fils

[lefrene] 19/4/2021 14:28

With a first quarter update I hope we will leave 10p in the rear view mirror. Get past that £50 million market cap at 12p, and ITX will be open to more funds. Although I suspect we are in for a general market sell off before very long and the good tend to suffer with the bad for a while, but being an essential ingredient in essential products makes ITX a bit of a haven once the dust settles.

[eeza] 19/4/2021 14:00

Afternoon brewer's droop setting in?