Itaconix Share Discussion Threads

[purchaseatthetop] 28/4/2021 09:51

sundance....depends.

If they give a H1 2021 trading update it will be around 19/7/21.

They may give one before perhaps a Q1 2021 update but I doubt it. We know that Q1 2021 will be amazing because the Palmolive powerpacs launch was Feb 21 and ITX has finished goods inventory at 31/12/20 of $1.1m ready for that. Q2 2021 does not have a major launch so will JS give Q1 2021 update knowing that then Q2 2021 will be a drop compared to Q1? I doubt it.

I think he will wait to give us H1 2021 in one go.

[sundance 13] 28/4/2021 09:43

When's the next trading update due?

[purchaseatthetop] 28/4/2021 09:43

Pugugly.....I disagree (in the nicest possible way). This rise is based on the assumption that as JS said "there is a chance that H1 2021 will beat H2 2020" and also the knowledge that the technology is becoming a basic requirement for products with the decision making of modern consumers.

If the trading update is around what JS said (i.e. H1 2021 about $2.2-$2.4m) then the price will maintain. If the trading update is what I think it will be of H1 2021 $3.3m then the share will rocket.

In the end I am not worried if the price drops back to 10p. I will simply buy more as I did in the last couple of weeks. No losses for me, I am so far in the blue but that might be a concern for newbies. I am looking 3-4 years in the future when it will be 200p. How we get there, I do not know. What I do know is that we will get there. This is the only technology around and any new technology that can compete has many hurdles to overcome.

[pugugly] 28/4/2021 09:36

pat- And if next trading update does not exceed all best guesses by a mile plus we are all likely to suffer BIG paper losses (IMO) On the other hand if it exceeds by a vast margin then 2nd stage ignites and 20p+ possible. But I have not a clue

[purchaseatthetop] 28/4/2021 09:34

I just wonder if now that we are over £50m some funds/institutions are buying in. Quite a lot have a minimum market cap before they are allowed and that is usually £50m

[allstar4eva] 28/4/2021 09:32

I certainly hope so!

[purchaseatthetop] 28/4/2021 09:31

allstar....and that will be at 200p when my shares will be worth £3.45m

[allstar4eva] 28/4/2021 09:29

Not until you sell:-)

[purchaseatthetop] 28/4/2021 09:25

well that 12p barrier was trampled

[daveboy19] 28/4/2021 09:24

'We cannae hold 'er, Captain' !

[purchaseatthetop] 28/4/2021 09:16

12p seems the barrier to break at the moment. Nice barrier to reach when you think about it!

[krp10] 28/4/2021 09:07

Hmmm.12p again...

[purchaseatthetop] 28/4/2021 08:35

and up we go....

[lefrene] 27/4/2021 15:30

A bit rearview mirror, but a bit more advertising by the management might have saved the issuing of 100 million shares just to get £1 million of working capital, in favour of a loan, or getting that issue away at 3p a share? No doubt there were NDA constraints, all very frustrating for all concerned.

[rivaldo] 27/4/2021 13:46

Fantastic performance, and great to see such healthy volumes again.

I'd like to see ITX somehow publicising some or all of the new products that the sleuths here and on LSE are finding so that the wider market catches on. Perhaps it's best for ITX to just get on with business and let everything else look after itself.

[lefrene] 27/4/2021 13:28

Market cap back over the magic £50 million, it would be good to see that become the floor.

[purchaseatthetop] 27/4/2021 13:25

expecting a drop back from MMs soon.

[purchaseatthetop] 27/4/2021 13:23

guru...I keep on buying at the top but then the top becomes a foothill.

Todays Saint is St Zita of Lucca. Famous for always having a smile on her face. So we are all Saint Zita today.

[ohojim] 27/4/2021 13:23

....well, my glass is half full. Cheers.

[gurunostradamus] 27/4/2021 13:20

Full moon @perigee! Usually significant negative sentiment!

[ohojim] 27/4/2021 13:17

Tis a waning gibbous full moon Guru...bodes well

[gurunostradamus] 27/4/2021 13:15

You need to live up to your iD PATT to ensure you keeping buying the top, even a few shares!

[daveboy19] 27/4/2021 13:14

Definitely, and some more US buying this afternoon to crank it up again would certainly suffice :)