Itaconix Share Discussion Threads

[ragnarr] 22/4/2021 09:07

now over half way to my 20p target - just a matter of when.

[parob] 22/4/2021 09:05

Absolutely not surprised that yesterday's podcast has attracted new buyers.Really looking forward to the news flow this year.

[daveboy19] 22/4/2021 09:04

Must be running low again - asking 11.51.

[purchaseatthetop] 22/4/2021 08:58

11p again and maybe over and above.

[purchaseatthetop] 22/4/2021 08:57

Ohojim....every religion needs the person who sacrificed himself for our sins. To save our souls. That is Bigbigdave...he is the Moses of ITX.

[andyview] 22/4/2021 08:48

Thanks bigbigdave, I’m sure there’s still a tremendous opportunity here. The longer time scale chart shows that we are only just at the start of the upturn and the formation of a tremendous bowl!

All imho of course

Gla

[bigbigdave] 22/4/2021 08:39

Well done all here. I set up the thread but didn't buy :o(

[thelongandtheshortandthetall] 22/4/2021 08:36

I'll bet ITX is high up on the advfn stock leader board today.
Well done guys.

[daveboy19] 22/4/2021 08:27

Must've got some shares, yeah - boo hiss :)

[purchaseatthetop] 22/4/2021 08:25

gotta dip back. this is amazing. somebody is going to profit take. Not me.

[daveboy19] 22/4/2021 08:21

Now 11.11 !

[cooltools] 22/4/2021 08:21

Itaconic acid - it's related to citric acid and is produced by fermentation, Wikipedia has a short article:

ITX then creates polymers from this - it's the latter that are protected.

[daveboy19] 22/4/2021 08:20

Good morning all. IG are asking 11.06p currently. Word could be out although that podcast was very bullish sounding.

[purchaseatthetop] 22/4/2021 08:20

OK...this has gone interestellar! Game over. We are getting rich (er)

[parob] 22/4/2021 08:16

Grace over on the lse bb has found quite a few new products containing ITX ingredients (with existing brands already on my list), including an Ecover product plus many others. I'll add to the list at the weekend.

[andyview] 22/4/2021 08:15

Morning all, amazing strength again this morning

Patt, did I mention m thanks !

Gla

[purchaseatthetop] 22/4/2021 06:42

Well....how can we top yesterday?

I was pondering (as Gods do - sort of like a Poundland Zeus) that maybe the activity yesterday might be because a trading update was coming today? A bit of a leak beforehand. Who knows.

As said yesterday this has moved from an IP development and proof of use stage to where we are now which is explosive growth. Revenue should treble cummulatively every year minimum. That is what JS is so sure about. 2021 $8m, 2022 $24m, 2023 $72m 2024 $216m

Net profits in 2025 would be $55m which support easily a $1b valuation (250p share price).

The new VP Ops is required for the transition from small company to SME sized. That backs up the 2022 growth to beyond present capacity. Therefore action being taken now to grow capacity.

This may seem like ramping. I do not think it is. We are lucky enough (and smart enough to put our money at risk) to be aware when it is that early stage. Not for long. We will know this week if word is out. If the share continues to climb then it is moving into the II investment stage.

Gonna be a gas (environmentally safe of course)

[ohojim] 22/4/2021 06:28

Ha! I knew it.

[purchaseatthetop] 22/4/2021 06:23

ohojim....you were quite correct. I was on a Zoom meeting with three wise men who for some reason had travelled to Newcastle. They were asking for my assistance. They needed gold, frankinsense and myrr. That was not really difficult to obtain for them. Then they asked for a Virgin Mary. Well, in Newcastle it is impossible to find any virgin let alone one called Mary. So I went to bed.

[ohojim] 21/4/2021 22:28

I think you will find that patt is in a focus group with the three wise men right now and thence to the land of nod so that he may be up bright and early to address his disciples properly in the morn. But Mr google says there is enough.

[gustocomeon] 21/4/2021 21:46

PATT -
A question for you -
I am not a chemist - so this may be a naive question -
Is there any limit to the supply of itaconic acid - the raw material that seems to be the holy wonder material that ITX uses.....
GC

[ohojim] 21/4/2021 21:46

Well, we shall be pretty rich if any part of that bears fruit. Thank you Lord patt.

[purchaseatthetop] 21/4/2021 21:29

This patent has these words:

Applications of the above for the prevention of scaling may therefore apply to and include, but not be limited to, pipes, boilers, oil and gas exploration (downhole drilling systems), water cooling systems, water purification systems (e.g., reverse osmosis systems), distillation systems, dishwasher systems and laundry systems.

Basically every single item in the world that has water. On its own a market worth many billions. This patent has never been mentioned by ITX. All others have been RNS'd.

Why? This is being hidden deliberately.

[pugugly] 21/4/2021 20:36

Minimal activity in the States today -