Itaconix Takeover Rumours (ITX)

Looks like a higher low as gone in.These will re-rate properly once profitability is confirmed and hopefully that’s not too far away, even if they confirm this on a quarterly basis initially. Happy to hold this long term. Sticky revenues that keep growing, increase in margins and new product launches. Perfect candidate for a takeover although I hope that doesn’t happen for a few years once the revenues have increased substantially from where they are now.

Back on the bike this am. Lets hope they maintain those margins Parob, and don't start giving too much away in return for volume. I suppose it's a fine balance, one doesn't want to sell too cheap, but at the same time if the margins are too juicy another outfit will think it worth the investment to create competing products. Lets see if ITX get a takeover offer :¬)

dexdringle, the best wheeze I cam across when I built up a company, was some chancer trying to do a takeover, and when his company was looked into the main director was his grandmothers parrot! Naturally neither the grandmother nor the parrot were aware of their part in the grand scheme :¬) But the geezer did have a big black new Merc and a fancy office. Yup quite right, the shareholders are only important when it comes to passing the hat round again..again...again....again. We shall see if this enterprise actually does make it into being a growth company, or if indeed it goes the way of so many AiM outfits and implodes under the weight of it's own vanity. Mind you IP Group must be keeping a sharp eye on them, so perhaps this is that AiM Unicorn that actually reaches lift off.