Share Name Share Symbol Market Type Share ISIN Share Description
Itaconix Plc LSE:ITX London Ordinary Share GB00B84LVH87 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.20 11.43% 1.95 6,760,318 15:01:40
Bid Price Offer Price High Price Low Price Open Price
1.90 2.00 2.075 1.75 1.75
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 0.66 -7.40 -4.60 5
Last Trade Time Trade Type Trade Size Trade Price Currency
16:24:42 O 700,000 1.905 GBX

Itaconix (ITX) Latest News (1)

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Itaconix (ITX) Discussions and Chat

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Date Time Title Posts
21/2/202006:07Itaconix formerly Revolymer2,601
16/9/201911:54Inter_X holders ready to do a big brown plop soon135
21/5/200223:03funniest thing I've seen in ages46
03/5/200223:27Interx worth looking at91

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Itaconix (ITX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-02-20 17:20:051.91700,00013,335.00O
2020-02-20 16:24:431.90300,0005,700.00O
2020-02-20 16:13:431.9150,000955.00O
2020-02-20 16:00:581.95409,0917,977.27O
2020-02-20 15:58:371.9355,0001,060.40O
View all Itaconix trades in real-time

Itaconix (ITX) Top Chat Posts

Itaconix Daily Update: Itaconix Plc is listed in the Chemicals sector of the London Stock Exchange with ticker ITX. The last closing price for Itaconix was 1.75p.
Itaconix Plc has a 4 week average price of 1.15p and a 12 week average price of 1.15p.
The 1 year high share price is 4.28p while the 1 year low share price is currently 1.15p.
There are currently 269,130,071 shares in issue and the average daily traded volume is 3,556,086 shares. The market capitalisation of Itaconix Plc is £5,248,036.38.
bisho4: The recent spiking share price is reminiscent of spikes on other shares prior to fund-raising, but I'm holding tight rather than trying to second-guess the market. Itaconix will probably need one more fund-raise before becoming self-sustaining, and that's certainly no bad thing if it accelerates growth of the company. Alternatively, maybe the market has forgotten the Woodford-stigma and is finally waking up to the sheer number of positive RNSs ITX has released since the start of the year :)
parob: New Interview with Ed Stacey. Sounds good.hTTps:// Research analyst Ed Stacey gives his view on the recent supply and licensing agreements signed by Itaconix PLC (LON:ITX) (OTCMKTS:ITXXF) with North American detergent supplier New Wave Global Services Inc.''We saw a decent move in the share price when this news came out ... the approach is still very much to grow the business - it is growing, it has been growing and this deal just reassures people that there's still plenty of channels to keep growing the business''.
wololol: I think if they do raise they will raise at a premium like 2p. I have heard they do not not a fund raise though so maybe they have a debt finance package in the pipeline. It would sugguest why the share price is going up at the moment.
parob: I guess there's a chance they could raise at a premium to the share price. Directors have plenty of skin in the game and the good news has been flowing recently. Not saying they will but there's certainly a chance.
lefrene: Always a conundrum, how to keep going until they become self sufficient, and best way to do it. If they are going on to the OTC market it would be no surprise that they go for a cash raise then. A few more contracts before then to boost the share price would help.
the ghost who walks: Great interview. Encouraging.Shame she didn't ask him about the cash needs and raise, as that is really why the share price is where it is.
the ghost who walks: This company ipo at if I recall rightly 100p and its now at 1p. Citing fantastic leadership is a real stretch. Even post mgt changes the share price has been a disaster.
pugugly: lazygun - Sorry I think you may be wrong. - Check link in 2476 - It would appear be the highest price paid by the offeree in the 12 months prior, not the highest price paid by anyone in the market - "Requirement for particular forms of consideration: If any shares are acquired during the offer period for cash, or 10% or more were acquired for cash during the preceding 12 months, the offer must be in cash (or include a cash alternative) at not less than the highest price paid during the offer period and the preceding 12 months." So far as I can tell the highest and only price paid by JS was on 2nd August at 1.1p but I am more than willing to be shown my mistake - Rivaldo - Thanks for that post - Answers some of my concern re trading policies of major FMCG coys. Interesting volume - So far
the ghost who walks: Am still in this but share price remains depressed, I suspect because of the need for a placing if cash is running out. Let's hope for some news before then so the share price can be a bit higher than it is today.
timw3: Take a look at their revenue potential going forward. Itaconix PLC- Transformation bearing results Strong operational progress Itaconix's (LON:ITX) results for the year to December 2019 were in line with our expectations, with revenue of £0.7mln and year-end net cash of £2.1mln. Since the financial year end, Itaconix has announced a number of important developments: Agreement with Nouryon for bio-based polymers for the detergent industry (January 2019) Agreement with Nouryon for personal-care products (February 2019) Completion of the restructuring programme for an annualised cost saving of more than £1mln (February 2019) First European order for bio-based polymer for automatic dishwasher detergent (May 2019). First purchase order from Nouryon to supply its polymer for Nouryon’s new Amaze share price product in the personal care segment (May 2019) Disposal of the residual holding in the Alkalon gum business (May 2019) The company now has established routes to market in multiple product areas, and we believe this offers a compelling platform for revenue growth in 2019, 2020, 2021. We provide a reminder of the market opportunity and key partnerships, on p2. Forecasts/Valuation For fiscal year (FY) 2019e, in spite of a delayed ramp-up of sales earlier in the year, we continue to forecast revenue to more than double. We are forecasting 2019e revenue of £1.5mln, with the underlying (LBITDA) loss narrowing to £1.5mln. We are forecasting a positive year-end net cash position, and we believe that cash resources are sufficient to fund the company's development through to profitability in 2021. In our in-depth report - "Gaining global reach, March 2019" - we highlighted a number of global comparators, companies with similarly sized market opportunities, and similar or earlier-stage levels of development. Market valuations of these peers suggest 3-5x upside to the Itaconix share price. We believe that the valuation of Itaconix may be depressed due to the shares held by Woodford Investments, whose issues have been widely reported in the media. This overhang notwithstanding, we believe that the fundamental value proposition can drive a re-rating during the next 12 months. Year end Dec 31 2018 Current 2020 2021 Revenue £M 0.7 1.5 3.5 6.5 EBITDA (£M) (3.9) (1.5) (0.3) 1.0 EPS (p) (4.6) (0.7) (0.2) 0.2 Net cash/ (debt) £M 2.1 0.7 0.3 0.8 The company now has established routes to market in multiple product areas, and we believe this offers a compelling platform for revenue growth in 2019, 2020, 2021. The table above shows the potential market for polymers produced using Itaconix's proprietary technology. There are three markets that are addressed by existing commercially ready products from Itaconix, and which drive our revenue growth expectations in the next 1-3 years.
Itaconix share price data is direct from the London Stock Exchange
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