Itaconix Share Discussion Threads

[the patient investor] 21/11/2018 14:25

can anybody explained the share price triplicating on no news from the end of october?

tx

[babbler] 21/11/2018 14:03

Can't buy again. Fekin halifaf.

[sep800] 21/11/2018 13:58

Fundamentals not changed here just mm's requiring all those shares to balance their books, now for the next big re-rate 5-6p again

[the patient investor] 21/11/2018 13:51

Order ref:LJ3KZ0
Buying 75,181 ITACONIX PLC ORD GBP0.01 (ITX)
Status:Executed
Placed at:13:48:35 21/11/18
Price:£0.0442
Order Type:Market

[aba978731dom] 21/11/2018 13:51

Yeh. I actually have faith on this particular one coming good hopefully news drops sooner.

[the patient investor] 21/11/2018 13:50

75k are mine and they are a BUY!

[sep800] 21/11/2018 13:50

yes still can finish 5p

[babbler] 21/11/2018 13:48

You might profit on that yet today... This one like mid morning major drop then close blue. Imo

[babbler] 21/11/2018 13:48

Nabbed some at 4.2

[richardjohn10] 21/11/2018 13:46

OuchSo much for 8 plus

[sep800] 21/11/2018 13:45

all shorters taken out it seems on L2

[babbler] 21/11/2018 13:44

But now. Can't buy

[babbler] 21/11/2018 13:44

Too much choice on the bargains. This is one now. Imo

[aba978731dom] 21/11/2018 13:40

Just my luck, I have the option of buying OEX or ITX this morning, but I went for this when I should have bought OEX back at .26 and recoup some losses. Such is life.

[babbler] 21/11/2018 13:36

Someone selling down 100k shares at a time. Once done they will rise back. Where's the low?

[aba978731dom] 21/11/2018 13:33

I mean 5.19 Lol!!

[aba978731dom] 21/11/2018 13:32

I bought @ .519 today thinking is quite a bargain, not anymore. Anyways, I see MM manipulation here to collect cheap shares knowing fully well news just days away if not tomorrow.

[babbler] 21/11/2018 13:24

I'm sure it will go boom but with that spread and the exit to the door on any spike... Gl you will need it. Imo.

[daveeeed] 21/11/2018 12:27

Summary 1. Commercial details in finalizing stage with Akzonobel and on schedule. 2. Multiple distributors on the RevCare product with very promising sales growth 3. ZinaDor product with global distributor right Croda growing in homecare and industrial customers new and repeat orders 4. Solvay notified Itaconix of first sales of Eureco RP103 repeat orders awaited 5. Construction of Eureco RP103 plant update from Italy 6. New customers and partner discussions for the 6 products in the market in different territories 7. Two further products to be launched I'm so glad talking directly to the company now in a strong position to add more

[dexdringle] 21/11/2018 11:10

sep800 - re AIM stocks, and ITX in particular, I think you have hit the nail on the head.

[jungmana] 21/11/2018 08:50

At the beginning of the year , itx had just under 90m shares in issue. So market cap was about £16m. today is about 269m in issue.
And the $30m (note to you should be dollars not pounds) contract you keep mentioning has NOT been concluded yet. Even when it does you just cant add that figure to the market cap. That's not how you value a company.
lets be realistic here. this was a good buy up to 4p imho but at 6p (£17m market cap) without further positive news on the turn around is too risky.

[sep800] 21/11/2018 08:30

Your still twisting facts....With a present M/C of only £15M, with £3M in the bank plus a £30M contract = £48M M/C which will get reflected in the share price
What was the M/C at 18 P with less shares at the beginning of the year ?

dexdringle

This is aim.... and any opportunity BOD's can benefit they will first before investors
Thats why they got involved in supporting the 2p offer knowing the news of Akzo Noble as this was incidentally announced after the offer had taken place. So why take the offer unless they are privy to the JV details that will be announced at any time

[jungmana] 21/11/2018 08:19

If it's the market cap that's important then don't keep mentioning the 18p share price of early this year. Do you realise that at today's price of about 5.7p the market cap is about equivalent to the market cap when this was 18p.Why ? due to the massive life saving dilution in July.