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Oil , I would not be surprised to see 9.5pence if H2 goes according to plan, which is ironic given the news yesterday
As a newbie here the pain of LTH is felt as I have had it done to me
But as someone new in here it’s hopefully a chance to pull back losses from RMM
GLA
I was looking at around.0475p as very bottom in early Feb, I am hoping around.05p is very good entry point.
After reading constant bickering over timelines on here re IND etc please remember you pays your money ,you take your chance but no need for agitation
Therefore give the restless argument a miss and wait for news because
When god made time, he made plenty of it
GLA
Thought JS was fairly excited where ITX is going and the point he made about getting small delays in Superabsorbent to his frustration but getting it back on track for 2024 was reassuring for me using some of new funds.
On the whole was very good and more to come imho
GLA
I agree T about MEN and with a few buys around 144p which it currently is, it could easily move swiftly before hopefully good news and be in profit fairly quickly.
Anyhow I took a punt on it and hope it pays off
Thanks for last weekend feedback and I bought a few and taken a punt.
It seems a few small buys here can move the SP north fairly quickly. Are MMS short on shares and carefully managing the market whilst awaiting news?
Anyhow thanks and GLA
H2 will show significant improvement to gross margins after latest price increases in September which was the third in the year, imho
Also they were ordering more volume of Itaconic acid in that period,as seen on the delivery data they received in H2
Hopefully as JS stated in September,Itaconix is in a very strong position
GLA
Looking back at Tuesday afternoon buying in such a small timeframe the speed of movement is rapid and that was on no news , but anticipation.
Next week Monday and Tuesday buyers will want in here with anticipation of good news.
GLA
As you say WD someone offloading yesterday. I am thinking a trading update that puts ITX on the path to profit to land in less than a fortnight will hopefully see SP up and around 8/9p .
Plus the SAP trialling will be in full swing which ultimately will be the game changer imho.
GLA