Former Neil Woodford pick describing itself as “a leading innovator in sustainable plant-based polymers used to decarbonise everyday consumer products”, Itaconix (ITX) states that it “is pleased to announce its unaudited interim results for the six months ended 30 June 2023”. With the shares currently at 183.5p, how ‘pleased’ with the results should it be?
Describing itself as “a leading innovator in sustainable plant-based polymers used to decarbonise everyday consumer products”, Itaconix (ITX) states that it now “is pleased to provide a trading update for the half year to 30 June 2023”. However, with the shares still down from above 5p reached last month to little above 4p, how ‘pleasing’ really is the update?
Describing itself as “a leading innovator in sustainable plant-based polymers used to decarbonise everyday consumer products”, Itaconix (ITX) has announced results for the 2022 calendar year with CEO John R. Shaw emphasising these “highlight both the potential for our proprietary technology platform and our pathway to profitability”. How’s that then?
Describing itself as “a leading innovator in sustainable plant-based polymers used to decarbonise everyday consumer products”, Itaconix (ITX) states that it “is pleased to announce that it has received valid acceptances from qualifying shareholders in respect of 4,513,420 open offer shares” and that it “approach the future with more commercial progress, more resources, more potential, and more optimism than ever before”. So what of a share price down from approaching 6p last month to currently little above 5p?
Previously writing on company which describes itself as “a leading innovator in sustainable plant-based polymers used to decarbonise everyday consumer products” Itaconix (ITX), in October I cautioned “pleased to announce” distribution program, attempted ramptastic?. And now, quelle surprise, a “Placing, Subscription and Open Offer”.
Itaconix (ITX), describing itself as “a leading innovator in plant-based specialty polymers used to decarbonise everyday consumer products”, states it is pleased to announce a distribution program with the Brenntag North America business of “a global market leader in chemical and ingredients distribution”, Brenntag SE. So what of a current share price response to 4.75p, more than 2% lower?
Itaconix (ITX), describing itself as “a leading innovator in sustainable plant-based polymers used to decarbonise everyday consumer products”, states it “is pleased to announce its unaudited interim results for the six months ended 30 June 2022”. So what of the shares currently more than 10% lower in response to 5.90p?
Describing itself as “a leading innovator in plant-based specialty polymers used as essential ingredients in everyday consumer products”, Itaconix (ITX) states that it “is pleased to announce a new global agreement with Croda Inc. in odour control”. What of a share price response currently over 5% higher to 5.10p?
Describing itself as “a leading innovator in plant-based specialty polymers used as essential ingredients in everyday consumer products”, Itaconix (ITX) has issued an AGM statement emphasising “revenues substantially ahead of any prior half year. Demand has remained strong right into this week”. So what of a current 5.75p share price, circa £26 million market cap – approaching 30% ahead on this latest announcement from the company?
Previously writing on company which describes itself as “a leading innovator in plant-based specialty polymers used as essential ingredients in everyday consumer products”, Itaconix (ITX) in April with the shares above 5p I concluded ‘with, I suggest, further bailout funding still likely to be required, still avoid / sell’. So what of today-announced full-year results?...
A “New Funding to Support EU Volumes”-titled announcement from Itaconix (ITX), with it “pleased to announce a… subscription with existing institutional shareholder IP Group entities and management”. So what’s the detail and its implications?...
Describing itself as “a leading innovator in plant-based specialty polymers used as essential ingredients in everyday consumer products”, Itaconix (ITX) states that it “is pleased to update the market on current trading”. So what of the detail and a currently slightly higher to 5p share price?...
Shares in company describing itself as “a leader in plant-based specialty polymers used as essential ingredients in everyday consumer products” Itaconix (ITX) are currently more than 18% higher on the day to 5.85p, so what’s the news?...
Self-described “leading innovator in plant-based specialty polymers used as essential ingredients in everyday consumer products”, Itaconix (ITX) “is pleased to announce that it has supplied product for the first production trial using the company's plant-based superabsorbent, VELAFRESH SAP80”. But what of a share price currently up by more than 20% to 3.65p in response?...
Previously writing on self-described “leading innovator in plant-based specialty polymers used as essential ingredients in everyday consumer products” Itaconix (ITX), last month as the shares rose to 6.25p I questioned new major application order from a leading European supplier, or not?, concluding caveat emptor, avoid / sell. The company now states that it “is pleased to update the market on trading for the full year to 31 December 2021”, so what of a further share price fall currently to 4.2p?...
Itaconix (ITX) states it “is pleased to announce the first customer order in a new potentially major application for its Itaconix DSP 2K polymer”. So what of a currently approaching 6% share price rise, to 6.25p?...
