Itaconix Share Discussion Threads

[bob1995] 09/11/2018 10:06

Great to see this move. Way u devalued. Should be hitting 4p today. News coming

[jungmana] 09/11/2018 10:03

Got some here at 1.50p just 3 days back. A big sell of over 1m shares caused the drop that day. Let's hope we don't get a speeding ticket

[tomboyb] 09/11/2018 09:54

Might well be worth sticking a few in for year end here -

Punted -

[tomboyb] 09/11/2018 09:44

36% up -

Bit of vol here -

[daveeeed] 09/11/2018 09:32

News of a deal before end of 2018 it's far to cheap down here buyers see value opens up 100pct on any deal with Akzon Nobel I see it moving to 3 before news

[sep800] 09/11/2018 09:06

Possible news due of agreement, seeing buying this morning

[dexdringle] 06/11/2018 12:21

What the...…..?

[dexdringle] 02/11/2018 12:24

Well they changed a director recently. Let's hope they didn't recruit the new bloke 'cos he's an expert in delivering bad news !

[richardjohn10] 02/11/2018 11:57

Better waiting for RNS

[dexdringle] 02/11/2018 10:51

...then I expect we'd all need to get our coats.....

[richardjohn10] 02/11/2018 09:54

What if Akzo don't go ahead with deal?

[daveeeed] 02/11/2018 09:30

https://www.analystsbuzz.com/2018/11/investors-searchlight-itaconix-plc-lonitx/ bottoms in imo rsi 20 oversold all I'm the wait and news now

[richardjohn10] 01/11/2018 14:17

Why's the share price down here though??I can't all be in the Akzo deal

[daveeeed] 01/11/2018 10:39

Distribution deal share price who knows but not down here

[richardjohn10] 27/9/2018 14:29

What sort of deal would we be looking at with Akzo and what's prediction for share price Acton?

[daveeeed] 27/9/2018 12:23

Also there has only been one sell today

[daveeeed] 27/9/2018 12:21

December will tell us more I'm sure, risk reward from current share price is favourable imo

[dexdringle] 27/9/2018 11:59

Having capacity to do something and actually doing it are, sadly, very different things.

The market clearly doesn't think much of ITX. Neither do those selling their shares today. Maybe they see this as the last chance to at least get some money back.....

The board need to make significant tangible progress here. And fast.

[daveeeed] 27/9/2018 11:07

With current capacity for up to $15 million of revenues and the ability to double capacity for a modest $0.5 million investment, we are in a strong position to deliver this pipeline from our existing US operations. Let's see share price has bottomed distribution deal with AkzoNobel sees it much higher buying now isn't a bad investment

[dexdringle] 27/9/2018 10:42

Daveeeed. You're funny !

Yes, I'm sure we can take great comfort from the market cap of AkzoNobel !!

Meanwhile, back on planet earth, how about a turnover, and profit, estimate for ITX for H2 2018 ?

[daveeeed] 27/9/2018 09:31

Small MCAP(£7m) Fully funded £4m 20% low floatPartnership with Akzonobel $20b MCAPFirst revenue from Solvay($12b MCAP) Plus repeat ordersCommercial partner Croda £6.6b MCAPAkzonobel final agreement before end 2018New products New agreements, growth

[dexdringle] 27/9/2018 08:28

Sometimes I think I must be living in a parallel universe where up is down and down is up....

Very bullish statement from the board. Then the H1 2018 highlights:

1. loss £3M (even worse than H1 2017 and that's going some)
2. loss per share 3.8p (bearing in mind that is more than the whole current share price)
3. shareholder equity now only £1.2M despite having raised a fresh £3.2M a few months ago. Assume is zero by now (3 months later) given rate of cash burn

On what planet is this anything other than a disaster ?

[thecashmoney] 27/9/2018 07:51

Nice rns contracts in place by December, mutibagger and expansion into Asia and Europe.US 15 m by December fantastic entry here .

[dexdringle] 17/9/2018 12:27

Well at least there is some activity. I suppose that is something.

I need over 10p here to break even so am definitely not holding my breath !